New Markets, New Opportunities?
Economic and Social Mobility in a Changing World
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New Markets, New Opportunities? by Nancy Birdsall
Book DescriptionMany of the countries that have recently converted to a market-based economic system have also experienced an alarming increase in income inequality u a widening gap between the haves and have nots. But to what extent is the increase in inequality also increasing the opportunities for economic advancement u particularly for those at the bottom of the economic ladder? Does the creation of greater opportunities make a region's move to the market politically acceptable? And, if opportunities don't increase along with inequality, will it eventually cause a political backlash against a country's market policies? This book highlights the importance of finding the answers to those questions by examining the issues of social mobility and opportunity as an essential part of the income inequality puzzle. It provides a summary of the latest research on the economics and politics of social mobility in both developed and emerging market economies, including the conceptual issues involved and the challenges of accurately documenting trends. The book concludes with a discussion of the economics of opportunity and mobility in Latin America and Eastern Europe, and the politics and perceptions of mobility in the two regions.
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Book DetailsISBN: 9780815709176
(229mm x 152mm x 22mm)
Imprint: Brookings Institution
Publisher: Brookings Institution
Publish Date: 1-Nov-1999
Country of Publication: United States
Books By Author Nancy Birdsall
Towards a Better Global Economy, Hardback (September 2014)
Fluctuations in international trade, financial markets, and commodity prices, as well as the tendency of institutions to favour the interests of the better-off and powerful, pose risks for citizens of all countries. This volume examines the factors that are most likely to facilitate economic growth in low-, middle-, and high-income economies.
Reinventing Foreign Aid, Paperback (June 2008)
Top experts in the field discuss how to improve the effectiveness of foreign aid, proposing practical solutions to specific problems rather than a utopian master plan.
White House and the World, Paperback (June 2008)
The last few years have seen a steep decline in the perceived legitimacy of U.S. policies and values in the world. How will the next American president regain the country's power and influence so that it is capable of tackling the global challenges of the 21st century? T he White House and the World explores areas where changes in U.
Fair Growth, Paperback (September 2007)» View all books by Nancy Birdsall
Until recently, students of development have put much more energy into understanding the causes and consequences of absolute poverty than of inequality.
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Author Biography - Nancy Birdsall
Nancy Birdsall is the founding president of the Center for Global Development. Prior to launching the center, Birdsall was senior associate and director of the Economic Reform Project at the Carnegie Endowment for International Peace. From 1993 to 1998, Birdsall was executive vice president of the Inter-American Development Bank. Carol Graham is a senior fellow in both Foreign Policy Studies and Global Economy and Development at the Brookings Institution, where she holds the Charles Robinson Chair in Foreign Policy. Her most recent book is Happiness around the World: The Paradox of Happy Peasants and Miserable Millionaires (Oxford University Press, 2010).
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