25. What is the Future of Global Income Inequality?

Chapters in this book

1. Frontmatter i
2. CONTENTS vii
3. Acknowledgments ix
4. Highlights for 2018 1
5. Introduction: Better Inequality Data for a More Informed Democratic Debate 17
6. PART I. The WID.world Project
7. 1. The Measurement of Economic Inequality 23
8. PART II. Trends in Global Income Inequality
9. 2. Global Income Inequality Dynamics 39
10. 3. Trends in Income Inequality between Countries 60
11. 4. Trends in Income Inequality within Countries 70
12. 5. Income Inequality in the United States 83
13. 6. Income Inequality in France 100
14. 7. Income Inequality in Germany 110
15. 8. Income Inequality in China 116
16. 9. Income Inequality in Russia 124
17. 10. Income Inequality in India 136
18. 11. Income Inequality in the Middle East 145
19. 12. Income Inequality in Brazil 154
20. 13. Income Inequality in South Africa 162
21. PART III. Public versus Private Capital Dynamics
22. 14. Wealth-Income Ratios across the World 171
23. 15. The Evolution of Aggregate Wealth-Income in Developed Countries 182
24. 16. Comparing the Experiences of Former Communist States 193
25. 17. Capital Accumulation, Private Property, and Rising Inequality in China 201
26. 18. The Rise of Private Property in Russia 209
27. PART IV. Trends in Global Wealth Inequality
28. 19. Global Wealth Inequality: Trends and Projections 219
29. 20. Comparing Trends in Personal Wealth Inequality across the World 228
30. 21. Wealth Inequality in the United States 236
31. 22. Wealth Inequality in France 244
32. 23. Wealth Inequality in Spain 257
33. 24. Wealth Inequality in the UK 269
34. PART V. Tackling Economic Inequality
35. 25. What is the Future of Global Income Inequality? 279
36. 26. Tackling Rising Inequality at the Top: The Role of Progressive Taxation 286
37. 27. Tax Policy in a Global Environment: The Case for a Global Financial Register 294
38. 28. Tackling Inequality at the Bottom: The Need for More Equal Access to Education and Good-Paying Jobs 299
39. 29. A Message from the Past: Let Governments Invest in the Future 310
40. Conclusion 317
41. Appendix 321
42. Notes 325