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COMMENT ON THE REPORT OF THE INTERNATIONAL PANEL ON SOCIAL PROGRESS, CHAPTER 3: ECONOMIC INEQUALITY AND SOCIAL PROGRESS

COMMENT ON THE REPORT OF THE INTERNATIONAL PANEL ON SOCIAL PROGRESS, CHAPTER 3: ECONOMIC... Chapter 3 discusses the causes, patterns and dynamics of inequalities in an exhaustive review of the literature on inequality of income, expenditure and wealth among individuals and households. It emphasizes how these inequalities reflect and affect inequality along various dimensions, including political freedom, economic opportunity, health, education and social outcomes. It gives three sets of policy recommendations for different populations: (i) policies to improve the conditions among the poor, the vulnerable and the socially excluded; (ii) policies geared towards supporting the growth and sustainability of a strong middle class; and (iii) policies that seek to curb concentration of income and wealth at the top (121). Some of these policy recommendations are quite consistent with what has often been proposed for the past three decades, which is that redistributive policies or welfare at the bottom should benefit the least well-off and address inequality. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Economics & Philosophy Cambridge University Press

COMMENT ON THE REPORT OF THE INTERNATIONAL PANEL ON SOCIAL PROGRESS, CHAPTER 3: ECONOMIC INEQUALITY AND SOCIAL PROGRESS

Economics & Philosophy , Volume 34 (3): 6 – Nov 1, 3

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Publisher
Cambridge University Press
Copyright
Copyright © Cambridge University Press 2018 
ISSN
1474-0028
eISSN
0266-2671
DOI
10.1017/S0266267118000470
Publisher site
See Article on Publisher Site

Abstract

Chapter 3 discusses the causes, patterns and dynamics of inequalities in an exhaustive review of the literature on inequality of income, expenditure and wealth among individuals and households. It emphasizes how these inequalities reflect and affect inequality along various dimensions, including political freedom, economic opportunity, health, education and social outcomes. It gives three sets of policy recommendations for different populations: (i) policies to improve the conditions among the poor, the vulnerable and the socially excluded; (ii) policies geared towards supporting the growth and sustainability of a strong middle class; and (iii) policies that seek to curb concentration of income and wealth at the top (121). Some of these policy recommendations are quite consistent with what has often been proposed for the past three decades, which is that redistributive policies or welfare at the bottom should benefit the least well-off and address inequality.

Journal

Economics & PhilosophyCambridge University Press

Published: Nov 1, 3

References