Demography, Growth, and Global Income Inequality

Ward Rougoor; Charles Van Marrewijk

doi:10.1016/j.worlddev.2015.05.013

Demography, Growth, and Global Income Inequality

Ward Rougoor
, Charles Van Marrewijk^*

^*Corresponding author for this work

University of Amsterdam
Xi'an Jiaotong-Liverpool University
Utrecht University

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

52 Citations (Scopus)

Abstract

Global income inequality has been declining for several decades. We argue that global income inequality will reach its lowest level around 2027 and then will rise again. This development is the result of both economic and demographic forces. By combining economic projections with demographic developments and by using GDP per worker instead of GDP per capita in projecting income levels we emphasize the role of demographics in income inequality. Especially in the long run (after 2030), differences in population growth and population structure between countries in different stages of development are shown to increase global income inequality.

Original language	English
Pages (from-to)	220-232
Number of pages	13
Journal	World Development
Volume	74
DOIs	https://doi.org/10.1016/j.worlddev.2015.05.013
Publication status	Published - 1 Oct 2015
Externally published	Yes

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

SDG 10 Reduced Inequalities

Keywords

Age distribution
Gini coefficient
Income inequality
Population
Poverty
World distribution of income

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10.1016/j.worlddev.2015.05.013

Cite this

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abstract = "Global income inequality has been declining for several decades. We argue that global income inequality will reach its lowest level around 2027 and then will rise again. This development is the result of both economic and demographic forces. By combining economic projections with demographic developments and by using GDP per worker instead of GDP per capita in projecting income levels we emphasize the role of demographics in income inequality. Especially in the long run (after 2030), differences in population growth and population structure between countries in different stages of development are shown to increase global income inequality.",

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KW - Age distribution

KW - Gini coefficient

KW - Income inequality

KW - Population

KW - Poverty

KW - World distribution of income

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Demography, Growth, and Global Income Inequality

Abstract

UN SDGs

Keywords

Access to Document

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