Extreme inequalities in income,wealth and power lie behind Thailand’s political turmoil. What are the sources of this inequality? Why does it persist, or even increase when the economy grows? How can it be addressed? The contributors to this important study—Thai scholars, reformers and civil servants—shed light on the many dimensions of inequality in Thailand, looking beyond simple income measures to consider land ownership, education, finance, business structures and politics. The contributors propose a series of reforms in taxation, spending and institutional reform that can address growing inequality. Inequality is among the biggest threats to social stability in Southeast Asia, and this close study of a key Southeast Asian country will be relevant to regional policy-makers, economists and business decision-makers, as well as students of oligarchy and inequality more generally.

Why do some middle-income countries diversify their economies but fail to upgrade – to produce world-class products based on local inputs and technological capacities? Why have the 'little tigers' of Southeast Asia, such as Thailand, continued to lag behind the Newly Industrializing Countries of East Asia? Richard Doner goes beyond 'political will' by emphasizing institutional capacities and political pressures: development challenges vary; upgrading poses tough challenges that require robust institutional capacities. Such strengths are political in origin. They reflect pressures, such as security threats and resource constraints, which motivate political leaders to focus on efficiency more than clientelist payoffs. Such pressures help to explain the political institutions – 'veto players' – through which leaders operate. Doner assesses this argument by analyzing Thai development historically, in three sectors (sugar, textiles, and autos) and in comparison with both weaker and stronger competitors (Philippines, Indonesia, Taiwan, Brazil, and South Korea).

This volume brings together an exciting range of new studies of top incomes in a wide range of countries from around the world. The studies use data from income tax records to cast light on the dramatic changes that have taken place at the top of the income distribution. The results cover 22 countries and have a long time span, going back to 1875.

This original and panoramic book proposes that the underlying forces of demography and globalisation will shortly reverse three multi-decade global trends – it will raise inflation and interest rates, but lead to a pullback in inequality. “Whatever the future holds”, the authors argue, “it will be nothing like the past”. Deflationary headwinds over the last three decades have been primarily due to an enormous surge in the world’s available labour supply, owing to very favourable demographic trends and the entry of China and Eastern Europe into the world’s trading system. This book demonstrates how these demographic trends are on the point of reversing sharply, coinciding with a retreat from globalisation. The result? Ageing can be expected to raise inflation and interest rates, bringing a slew of problems for an over-indebted world economy, but is also anticipated to increase the share of labour, so that inequality falls. Covering many social and political factors, as well as those that are more purely macroeconomic, the authors address topics including ageing, dementia, inequality, populism, retirement and debt finance, among others. This book will be of interest and understandable to anyone with an interest on where the world’s economy may be going.

This report provides evidence of a fairly generalised increase in income inequality over the past two decades across OECD countries, but the timing, intensity and causes of the increase differ from what is typically suggested in the media.

Unequal under Socialism examines the formation of racial, gender, and national identities and relations in the socialist state. With a specific focus on Bulgaria, a former socialist country in the Balkans, Miglena S. Todorova traces the intertwined local and global forces driving racialization, socialist state policies, and Eurocentric Marxist and Leninist ideologies, all of which led to valued and devalued categories of women. Roma women, Muslim women, ethnic Bulgarian women, sex workers, and female factory and office workers were among those marked by socialist authorities for prosperity, accommodation, violent reformation, or erasure. Covering the period from the 1930s to the present and drawing upon original archival sources as well as a constellation of critical theories, Unequal under Socialism focuses on the lives of different women to articulate deep doubt about the capacity of socialism to sustain societies where all women prosper. Such doubt, the book suggests, is an under-recognized but important force shaping how women in former socialist countries have related to one another and to other women in the global North and South.

Inequality has drastically increased in many countries around the globe over the past three decades. The widening gap between the very rich and everyone else is often portrayed as an unexpected outcome or as the tradeoff we must accept to achieve economic growth. In this book, three International Monetary Fund economists show that this increase in inequality has in fact been a political choice—and explain what policies we should choose instead to achieve a more inclusive economy. Jonathan D. Ostry, Prakash Loungani, and Andrew Berg demonstrate that the extent of inequality depends on the policies governments choose—such as whether to let capital move unhindered across national boundaries, how much austerity to impose, and how much to deregulate markets. While these policies do often confer growth benefits, they have also been responsible for much of the increase in inequality. The book also shows that inequality leads to weaker economic performance and proposes alternative policies capable of delivering more inclusive growth. In addition to improving access to health care and quality education, they call for redistribution from the rich to the poor and present evidence showing that redistribution does not hurt growth. Accessible to scholars across disciplines as well as to students and policy makers, Confronting Inequality is a rigorous and empirically rich book that is crucial for a time when many fear a new Gilded Age.

This vivid behind-the-scenes account of Israeli rule in Jerusalem details for the first time the Jewish state's attempt to lay claim to all of Jerusalem, even when that meant implementing harsh policies toward the city's Arab population. The authors, Jerusalemites from the spheres of politics, journalism, and the military, have themselves been players in the drama that has unfolded in east Jerusalem in recent years and appears now to be at a climax. They have also had access to a wide range of official documents that reveal the making and implementation of Israeli policy toward Jerusalem. Their book discloses the details of Israel's discriminatory policies toward Jerusalem Arabs and shows how Israeli leaders mishandled everything from security and housing to schools and sanitation services, to the detriment of not only the Palestinian residents but also Israel's own agenda. Separate and Unequal is a history of lost opportunities to unite the peoples of Jerusalem. A central focus of the book is Teddy Kollek, the city's outspoken mayor for nearly three decades, whose failures have gone largely unreported until now. But Kollek is only one character in a cast that includes prime ministers, generals, terrorists, European and American leaders, Arab shopkeepers, Israeli policemen, and Palestinian schoolchildren. The story the authors tell is as dramatic and poignant as the mosaic of religious and ethnic groups that call Jerusalem home. And coming at a time of renewed crisis, it offers a startling perspective on past mistakes that can point the way toward more equitable treatment of all Jerusalemites.

Asia’s rapid economic growth has led to a significant reduction in extreme poverty, but accompanied by rising inequality. This book deals with three questions: What have been the trends of inequality in Asia and the Pacific? What are the key drivers of rising inequality in the region? How should Asian countries respond to the rising inequality? Technological change, globalization, and market-oriented reform have been the key drivers of Asia’s remarkable growth and poverty reduction, but they have also had significant distribution consequences. These three drivers of growth cannot be hindered because they are the sources of productivity improvement and betterment of quality of life. This book will be useful to those interested in policy options that could be deployed by Asian countries in confronting rising inequality.

The noted economist and philosopher Amartya Sen argues that the dictum “all people are created equal” serves largely to deflect attention from the fact that we differ in age, gender, talents, and physical abilities as well as in material advantages and social background. He argues for concentrating on higher and more basic values: individual capabilities and freedom to achieve objectives. By concentrating on the equity and efficiency of social arrangements in promoting freedoms and capabilities of individuals, Sen adds an important new angle to arguments about such vital issues as gender inequalities, welfare policies, affirmative action, and public provision of health care and education.