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Begin New Search Topic Inequality Publication Year within 5 Years

151. Monetary Policy and Racial Inequality

Author:
Alina Bartscher, Moritz Kuhn, Moritz Schularick, and Paul Wachtel
Publication Date:
01-2022
Content Type:
Policy Brief
Institution:
The Cato Institute
Abstract:
The racial tensions that spread across the United States in 2020 have caught the attention of monetary policymakers and focused concern on the size and persistence of the gap between both the income and wealth of black and white households. There is widespread recognition that despite some decline in overt labor market discrimination, gains in educational opportunities, and income growth of black households since the onset of the civil rights movement, the gaps persist and have even grown larger by some measures. According to the 2019 Survey of Consumer Finances (SCF), the median wealth of a white household was $184,390, compared with only $20,730 for the median black household. The typical black household owns only about 11 percent of the wealth of the typical white household. The income gap is smaller but still large; the median income of black households ($38,688) is 58 percent of the median income of white households ($67,196).
Topic:
Race, Monetary Policy, Inequality, and Economic Policy
Political Geography:
North America and United States of America

152. The Value-Added Tax (VAT) Improvement Program: Raising the operational efficacy of the VAT administration in Bangladesh

Author:
Oxfam Publishing
Publication Date:
05-2022
Content Type:
Research Paper
Institution:
Oxfam Publishing
Abstract:
Bangladesh has a weak and inequitable tax system. Over the past 15 years, the government of Bangladesh (GoB) has relied on the regressive value-added tax (VAT) for more than a third of all revenues, with little progress towards strengthening direct taxation of high net-worth individuals and large corporations. From 2015–2021, the World Bank’s VAT Improvement Program (VIP) assisted the Bangladesh National Board of Revenue in improving VAT administration. VIP helped speed up automation and increase revenues. But the program did not include any objectives to improve VAT equity and fairness, and it also fell short on improving transparency and taxpayer satisfaction. To address VAT’s regressive nature and its impact on low income households, the GoB needs to improve coverage of social protection programmes. Bangladesh and its external partners should focus on strengthening progressive direct taxation. Meanwhile, the government must end gender-blind VAT administration and recognize that VAT negatively affects low income female entrepreneurs and consumers.
Topic:
Inequality, Tax Systems, Social Order, and Gender
Political Geography:
Bangladesh and Asia

153. The Crisis of Extreme Inequality in SADC: Fighting austerity and the pandemic

Author:
Matthew Martin
Publication Date:
05-2022
Content Type:
Research Paper
Institution:
Oxfam Publishing
Abstract:
The COVID-19 pandemic has worsened the extreme inequality in Southern African Development Community (SADC) countries, and pushed millions into poverty. The economic crisis continues due to the obscene global vaccine inequality. As of end March 2022, a dismal 14% of SADC citizens had been fully vaccinated against COVID-19, compared with 65.5% in the United States and 73% in the European Union. In 2021, with infections rising in SADC, the critical health, social protection and economic programmes put in place by most governments in 2020 were rolled back and replaced with austerity, in the context of growing debt burdens and lack of external support for country budgets. Such austerity has been built into IMF programmes in the region. Recovering from the pandemic, however, offers SADC governments a once-in-a-generation opportunity to do what their citizens want: increase taxes on the wealthy and large corporations, boost public spending (especially on healthcare, education and social protection), and increase workers’ rights as well as tackling joblessness and precarious work. With external support, including through debt relief and aid, they could reduce inequality drastically and eliminate extreme poverty by 2030.
Topic:
Governance, Inequality, Pandemic, and COVID-19
Political Geography:
Africa and Southern Africa

154. Tackling Gender Inequality in the Cocoa Supply Chain: Are big chocolate companies delivering on their global commitments in Ghana?

Author:
Albert A. Ahrin
Publication Date:
02-2022
Content Type:
Research Paper
Institution:
Oxfam Publishing
Abstract:
In 2013, leading chocolate companies Mars, Mondelēz, and Nestlé made global commitments to reduce gender inequalities across their cocoa supply chain. This report follows up on these commitments and presents findings on the gender equality programs Mars, Mondelēz, and Nestlé – and their agribusiness suppliers – are implementing in the cocoa supply chain of Ghana, a key sourcing country. Specifically, the report examines the extent to which each of the companies has (1) conducted and published impact assessments on women in their cocoa supply chains in order to understand and show how this population is faring in Ghana; (2) developed a specific action plan to address issues raised by the assessments that could lead to improved conditions for women; (3) signed on to the United Nations’ Women’s Empowerment Principles, a set of seven principles for businesses offering guidance on how to empower women in the workplace, marketplace, and community; and (4) engaged with other powerful actors
Topic:
Gender Issues, Inequality, Supply Chains, and Chocolate
Political Geography:
Africa and Ghana

155. The Inequality Crisis in East Africa: Fighting austerity and the pandemic

Author:
Anthony Kamande and Matthew Martin
Publication Date:
02-2022
Content Type:
Research Paper
Institution:
Oxfam Publishing
Abstract:
The COVID-19 pandemic has pushed millions into poverty in East Africa, and worsened inequality. The economic crisis continues, due to the obscene global vaccine inequality, which means that only 4% of East African citizens had been fully vaccinated against COVID-19, compared with 71% in high-income countries by mid-January2022. Many East African governments were already hamstrung by high debt and budget deficits before the pandemic, preventing them from responding with large recovery programmes. Other governments did increase spending, but five are now forecasting major budget cuts for 2022–26. These cuts will stop them combating the increases in poverty and inequality that have resulted from COVID-19. However, building back during and after the pandemic offers East African governments a once-in-a-generation opportunity to do what their citizens want: make their economic systems fairer by increasing taxes on wealthy and large corporations, boost public spending (especially on healthcare, education and social protection), and improving workers’ rights. With external support, including through comprehensive debt relief and more aid, they can reduce inequality drastically and eliminate extreme poverty by 2030.
Topic:
Inequality, Pandemic, COVID-19, and Labor Rights
Political Geography:
Africa and East Africa

156. The COVID-19 Pandemic in Latin American and Caribbean countries: The Labor Supply Impact by Gender

Author:
Mariana Viollaz, Mauricio Salazar-Saenz, Luca Flabbi, Monserrat Bustelo, and Mariano Bosch
Publication Date:
03-2022
Content Type:
Working Paper
Institution:
Center for Distributive, Labor and Social Studies (CEDLAS)
Abstract:
We study the labor supply impact of the COVID-19 pandemic by gender in four Latin American and Caribbean (LAC) countries: Brazil, Chile, Dominican Republic, and Mexico. To identify the impact, we compare labor market stocks and labor market flows over four quarters for a set of balanced panel samples of comparable workers before and after the pandemic. We find that the pandemic has negatively affected the labor market status of both men and women, but that the effect is significantly stronger for women, magnifying the already large gender gaps that characterize LAC countries. The main channel through which this stronger impact is taking place is the increase in child care work affecting women with school-age children.
Topic:
Gender Issues, Markets, Labor Issues, Inequality, and COVID-19
Political Geography:
Latin America and Caribbean

157. The Pandemic Exposes and Exacerbates Existing Problems of Inequality and Polarization

Author:
Joshua Kurlantzick
Publication Date:
01-2022
Content Type:
Commentary and Analysis
Institution:
East Asia Institute (EAI)
Abstract:
During the COVID-19 pandemic, while some democracies (such as Canada and Australia) have been able to respond effectively, the five large democracies of the United States, Brazil, India, Indonesia, and the Philippines have suffered severe effects on public health. In this commentary, Joshua Kurlantzick, a Senior Fellow for Southeast Asia at the Council on Foreign Relations, explains how social and economic inequalities in these countries are the cause of their ineffective responses to the pandemic. He then points out how populist politicians in these countries have exacerbated inequality during the pandemic with their rhetoric and policy. The author then argues that despite political, economic, and social problems in these countries, leaders have an opportunity to alleviate inequality through major democratizing reforms, as there is a public sentiment of wanting to work together to overcome the pandemic.
Topic:
Democracy, Inequality, Populism, Public Health, and COVID-19
Political Geography:
Indonesia, India, Brazil, Philippines, and United Nations

158. Progress and Challenges to Implementing Women, Peace and Security in Southeast Asia

Author:
Jennifer Howe
Publication Date:
01-2022
Content Type:
Special Report
Institution:
Pacific Forum
Abstract:
October 2020 marked 20 years since the adoption of United Nations Security Council Resolution 1325 (UNSCR 1325), which is a cornerstone of the Women, Peace and Security (WPS) agenda. To commemorate the 20th anniversary of its passage, this paper assesses the implementation of UNSCR 1325 across Southeast Asia. It provides an in-depth analysis of progress and challenges to realizing core WPS commitments and achieving gender equality in Indonesia, Myanmar, the Philippines, Thailand, Timor-Leste, and Vietnam. These countries were selected because each has endured recent or ongoing conflict and instability. In addition, five of these states are members of the Association of Southeast Asian Nations (ASEAN), allowing the study to explore the institutionalization of WPS within regional forums and how this shapes national-level WPS implementation.
Topic:
Security, Women, Inequality, Peace, and Gender
Political Geography:
Asia and Southeast Asia

159. The Heterogenous Effects of Employers’ Concentration on Wages: Better Sorting or Uneven Rent Extracting?

Author:
Axelle Arquie and Julia Bertin
Publication Date:
10-2022
Content Type:
Working Paper
Institution:
Centre d'Etudes Prospectives et d'Informations Internationales (CEPII)
Abstract:
We show empirically for France that labor market concentration decreases wages heterogeneously, with the lowest earners being the most vulnerable, and increases local wage inequality within occupations. If concentration allows employers to improve worker selection, both inequality and efficiency gains could materialize. However, based on a simple formalization, we interpret the findings that employer concentration increases within-firm inequality and decreases between-firm inequality as evidence against such a sorting mechanism. We also find evidence that employer concentration does not increase positive assortative matching. The results therefore suggest that concentration increases inequality through the relatively reduced bargaining position of the lowest earners.
Topic:
Labor Issues, Inequality, Labor Market, and Wages
Political Geography:
Europe and France

160. Inequality and the Decline of Small Business

Author:
Sebastian Doerr, Thomas Drechsel, and Donggyu Lee
Publication Date:
09-2022
Content Type:
Policy Brief
Institution:
Economics for Inclusive Prosperity (EfIP)
Abstract:
The share of income that goes to top earners has reached levels not seen in over half a century, and addressing inequality has become a central issue for policymakers. Designing policies to alleviate income disparities requires a thorough understanding of how inequality affects the economy. Somewhat surprisingly, while several studies investigate the consequences of rising income inequality for households (Auclert and Rognlie 2017, 2020; Mian et al. 2020), much less is known about how inequality affects firms. In a recent study (Doerr et al. 2022), we examine the important link between income inequality and firms’ job creation. Our analysis of US data reveals that a larger top income share hurts small firms, while benefiting larger firms. The reason is that households’ savings portfolios change with their income level. Higher income inequality leads to more household savings flowing into stocks and bonds – which are mostly used for financing by larger firms – rather than into bank deposits. In turn, as small businesses depend on banks for financing, their funding becomes more costly and they create fewer jobs. Complementing our analysis with a theoretical model, we show that by altering the allocation of household savings, rising income inequality not only hurts small firms, but suppresses overall employment. Income inequality has thereby contributed to two important macroeconomic trends: the decline in small business and the fall in the labor share, i.e., the share of total income that accrues to workers (Decker et al. 2016; Autor et al. 2020).
Topic:
Economics, Inequality, Business, and Business Management
Political Geography:
North America and United States of America