International Redistribution of Income

François Bourguignon; Victoria Levin; David Rosenblatt

doi:10.1016/j.worlddev.2008.06.008

International Redistribution of Income

François Bourguignon, Victoria Levin, David Rosenblatt

Economics

Research output: Contribution to journal › Article › peer-review

Abstract

How do international policies on aid, trade, and factor movements affect the international distribution of income? We calculate the impact by world decile of the actual level of aid flows and the effect on income of merchandise trade restrictions by high-income countries. We find that aid's distributional impact is equality enhancing, extremely small in terms of changes in inequality measures, but of some importance for the lowest decile of the distribution. We also find that some of this impact is counteracted by lost potential income in the lower deciles from merchandise trade barriers imposed by high-income countries.

Original language	English (US)
Pages (from-to)	1-10
Number of pages	10
Journal	World Development
Volume	37
Issue number	1
DOIs	https://doi.org/10.1016/j.worlddev.2008.06.008
State	Published - Jan 2009

Keywords

Africa
income inequality
international aid
protectionism

ASJC Scopus subject areas

Geography, Planning and Development
Development
Sociology and Political Science
Economics and Econometrics

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10.1016/j.worlddev.2008.06.008

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AB - How do international policies on aid, trade, and factor movements affect the international distribution of income? We calculate the impact by world decile of the actual level of aid flows and the effect on income of merchandise trade restrictions by high-income countries. We find that aid's distributional impact is equality enhancing, extremely small in terms of changes in inequality measures, but of some importance for the lowest decile of the distribution. We also find that some of this impact is counteracted by lost potential income in the lower deciles from merchandise trade barriers imposed by high-income countries.

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International Redistribution of Income

Abstract

Keywords

ASJC Scopus subject areas

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