6 Equity in a Global Economy
Author:
Lawrence Summers https://isni.org/isni/0000000404811396 International Monetary Fund

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Language:
English
Print Publication Date:
04 May 1999
Keywords:
BOOK; government; country; policy; Sen; OECD government; redistribution policy; microenterprise growth; OECD country; government policy; market reform; Income inequality; Income distribution; Personal income; Income; Sub-Saharan Africa; East Asia; Global; Africa; Eastern Europe

Abstract

It was 150 years ago this year that Marx and Engels wrote The Communist Manifesto. They turned out to be wrong in a number of respects. But they were surely right to stress the enormity of the change in human affairs that a global market economy would represent. It would be difficult to think of a time when the “colossal productive forces” of capitalism they wrote about have been more palpable—to more of the world’s peoples.

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Cover Economic Policy and Equity
Economic Policy and Equity
ISBN:
9781557757883
Publication Date:
04 May 1999
Publisher:
International Monetary Fund
DOI:
https://doi.org/10.5089/9781557757883.071
Pages:
308