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Inequalities of opportunity affect a person's life expectancy, access to basic services and human rights, through discrimination, abuse and lack of access to justice. High levels of inequality of opportunity discourage skill accumulation, choke economic and social mobility and, consequently, depress economic growth. Inequality also entrenches uncertainty, vulnerability and insecurity, undermines trust in institutions and government, increases social discord and tensions and trigger violence and conflicts. This book presents wide-ranging perspectives on economic inequality, as measured by differences in incomes and wealth. The contributors to this book explore how the economy is shaped in such a way as to generate differences in economic and social welfare between individuals, regions and nations. But the book is not limited to economic perspectives: inequality is a many-faceted phenomenon that manifests itself in a number of ways.Thus, the book begins with a section which highlights some of the 'standard' features of inequality: class, gender and age. The second section explores the manifestation of inequality in terms of differences in income and wealth. The third section looks at some of the causes of inequality, exploring the effects of discrimination and plunder (by those in power). The final section serves to drive home the point that geographic and institutional factors have an important place as well when it comes to shedding light on what equality is, how it manifests itself and what its consequences are.This book will be essential reading for anyone interested in the causes and consequences of economic inequality including those in economics, sociology, politics, and geography.
This book explores the development of economic thought in Sweden through some of the people who shaped it. The book highlights both some of the well-known contributions and some overlooked areas of research. It begins with the origins of the pioneer neoclassical Heckscher-Ohlin theorem and Gunnar Myrdal ¿s circular, cumulative approach to economic development. Secondly, it focuses on a number of economists related to the Industrial Institute of Economic and Social Research: Ingvar Svennilson, Axel Iveroth, Jan Wallander, Erik Höök, Villy Bergström and Rolf Henriksson. Finally, it offers portraits of three economists from Lund University: Bo Södersten, Ingemar Ståhl and Göte Hansson. The work of all of them is placed within the context of the contemporary academic and public economic debate. This book aims at providing a perspective on the legacy of the Swedish tradition in economics and will be relevant to students and academics interested in the history of economic thought.
This book examines Gunnar Myrdal's analysis of poverty in relation to Sweden, the United States, South Asia, and the international economy. The challenge of world poverty, the international dimension of poverty, and the legacy of The American Dilemma and Asian Drama are also discussed.
Very little has been written on the economy of East Timor since the country's independence in 2002, and no comprehensive account exists of the economic history of the country.
This two-volume study explores the economy of East Timor, of which very little has been written since the country gained independence in 2002.
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