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World of work report 2008

Material type: TextTextPublication details: New Delhi; Academic Foundation; 2008Description: 162 pISBN:
  • 9788171887460
Subject(s): DDC classification:
  • 331.2 WOR 2008
Summary: In the majority of countries, the incomes of rich people have grown faster than those of their poorer counterparts. To what extent is this a problem for society and the economy? What are the factors behind observed trends and what can policy makers do to address excessive income inequality? This report looks at these issues comprehensively and provides answers to some of the key questions in today's international debate, as such: • To what extent has financial globalization exacerbated economic instability and income inequality? Is there evidence that financial crises hit the middle class and low-income groups disproportionately, while the financial booms mainly benefit high-income investors? • What are the trends in executive pay and how do they compare with the performance of the firms that they manage? • Are traditional institutions, such as trade union-employer negotiations, still able to distribute the economic gains and losses in a balanced manner? • How should design taxes and welfare benefits be designed so as to limit excessive inequalities while supporting economic growth? • Is higher income inequality inevitable if countries want to grow fast and create enough jobs?
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Item type Current library Call number Status Date due Barcode Item holds
Books Books Gandhi Smriti Library 331.2 WOR 2008 (Browse shelf(Opens below)) Available 99744
Total holds: 0

In the majority of countries, the incomes of rich people have grown faster than those of their poorer counterparts. To what extent is this a problem for society and the economy? What are the factors behind observed trends and what can policy makers do to address excessive income inequality?
This report looks at these issues comprehensively and provides answers to some of the key questions in today's international debate, as such:
• To what extent has financial globalization exacerbated economic instability and income inequality? Is there evidence that
financial crises hit the middle class and low-income groups disproportionately, while the financial booms mainly benefit high-income investors?
• What are the trends in executive pay and how do they compare with the performance of the firms that they manage?
• Are traditional institutions, such as trade union-employer negotiations, still able to distribute the economic gains and losses in a balanced manner?
• How should design taxes and welfare benefits be designed so as to limit excessive inequalities while supporting economic growth?
• Is higher income inequality inevitable if countries want to grow fast and create enough jobs?

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