Found 14 article(s) for author 'Inequality: Analysis & Options'

New Growth Projections Predict the Rise of India, East Africa and Fall of Oil Economies

New Growth Projections Predict the Rise of India, East Africa and Fall of Oil Economies. Ricardo Hausmann, May 7, 2015, Paper. “South Asia and East Africa top the list, while oil-driven economies face the sharpest fall in new growth projections and rankings of productive dynamism for 128 countries, as presented by researchers at the Center for International Development at Harvard University (CID). Using their own measure of economic complexity that captures the productive capabilities embedded in a country’s exports, CID researchers paint a new picture of the economic growth landscape, which foresees growth in emerging markets to continue to outpace developed countries. They also predict important reversals among growth leaders, with India expected to overtake China.” Link

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China’s Rise and American Welfare

China’s Rise and American Welfare. Robert Z. Lawrence, May 7, 2015, Paper. “The strong performance of China over the past decade, and forecasts that it could be sustained in the decades ahead, does not meet acclaim in all quarters, especially the United States. American international economic policy has traditionally presumed that foreign economic growth is in America’s economic interest. As President Kennedy once put it, “a rising tide lifts all boats.” But when it comes to China’s rise, many are not so certain. The American public is primarily worried about jobs, and when emerging economies grow rapidly by exporting ...” Link

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Why Do Firms Have “Purpose”? The Firm’s Role as a Carrier of Identity and Reputation

Why Do Firms Have “Purpose”? The Firm’s Role as a Carrier of Identity and Reputation. Rebecca Henderson, Eric Van den Steen, May 2015 , Paper. “This article develops a theory in which a firm’s adoption of a prosocial purpose can increase profitability by strengthening employees’ reputation and identity–leading to higher effort and lower wages–as long as implementing purpose is costly with respect to direct monetary payoffs. Employees who value prosocial action will select into firms with a social purpose, which then become a visible carrier for these employees’ identity and reputation.” Link

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Globalization and Growth

Globalization and Growth. Elhanan Helpman, May 2015, Paper. “How does globalization affect economic growth? We discuss mechanisms that link international integration to the incentives for knowledge accumulation and the efficacy of that process. First, integration facilitates the flow of knowledge across national borders. Second, integration affords innovators a larger potential market even as it subjects them to additional competition from foreign rivals. Third, integration encourages specialization according to comparative advantage. Finally, integration affects the incentives for technological diffusion. Taken together...” Link

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Who speaks for the dispossessed?

Who speaks for the dispossessed? Matthew Desmond, April 22, 2015, Paper. “This commentary articulates three perspectives on race in America: economic determinism, institutionalism and a field-theoretic approach. It argues that William Julius Wilson’s masterwork, The Declining Significance of Race, was informed by the first and anticipated the latter two. Wilson’s most profound and enduring legacy is his unwavering concern for the dispossessed...” Link

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Report of the Commission on Inclusive Prosperity

Report of the Commission on Inclusive Prosperity. Lawrence Summers, January 15, 2015, Paper. “History tells us that societies succeed when the fruits of growth are broadly shared. Indeed, no society has ever succeeded without a large, prospering middle class* that embraced the idea of progress. Today, the ability of free-market democracies to deliver widely shared increases in prosperity is in question as never before. The primary challenge democracies face is neither military nor philosophical. Rather, for the first time since the Great Depression, many industrial democracies are failing to raise living standards and provide opportunities for social mobility…Link

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Why Are So Many Countries Poor, Volatile, and Unequal?

Why Are So Many Countries Poor, Volatile, and Unequal? Ricardo Hausmann, 2014, Syllabus. “This course explores the causes and consequences of three salient and interrelated characteristics of developing countries, namely poverty, volatility, and inequality, and it links them to current themes in development policy. The course will characterize the relationships between these three problems and a varied class of proximate and deeper determinants of economic development, including national saving, human capital accumulation, international trade and technology diffusion, demography, geography, and macroeconomic…” Link

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