Description - New Markets, New Opportunities? Economic and Social Mobility in a Changing World by Nancy Birdsall
Many of the countries that have recently converted to a market-based economic system have also experienced an alarming increase in income inequality - a widening gap between the haves and the have-nots. This text asks to what extent the increasing inequality seemingly inherent in - and integral to - a market-based economy also increases the the opportunities for economic advancement. It highlights the importance of finding the answer this question by examining the issues of social mobility and opportunity as an essential part of the income inequality puzzle.
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Publisher: Brookings Institution
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Book Reviews - New Markets, New Opportunities? Economic and Social Mobility in a Changing World by Nancy Birdsall
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).