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Convergence Is Not Equality

Bibliographic Data

ID3883997
AuthorsYusuf Bangura (corresponding author)
Year2019
Volume50
Issue2
Pages394-409
Publication date2019-03-01
Open AccessYes
TypeARTICLE
VenueDevelopment and Change (JOURNAL)
Journal identifiersISSN: 0012-155X • E-ISSN: 1467-7660
PublisherWiley (PUBLISHER • GB)
DOI10.1111/dech.12489
OpenAlexW2921081573
LanguageEN
Citations received9
References cited7

Despite the fall in global income inequality in the last two decades, levels of living among individuals in the world are still very different and are likely to remain so for a very long time. The uneven rate of decline in inequality and growth volatility in commodity-dependent countries suggest that there is no reason to believe that global inequality will continue to fall until it reaches acceptably low levels. Global disparities in incomes and welfare, especially in social protection, are at the heart of the problem of migration and populism in Western democracies in recent years. They bring out in bold relief the lack of fit between claims of global convergence and people's perceptions on incomes and well-being between the global North and South. In this regard, it is more realistic to talk about 'multiple geographies of 21st century development' than a 'one world' or single geography of global development. Issues of power, and the way global and national relationships and rules allocate advantages and disadvantages, or promote convergence and divergence, between and within countries, need to be front and centre in the discussion on global convergence

Commodity · Convergence (economics) · Demographic economics · Development economics · Economic growth · Economics · Inequality · Market economy · Political science · Politics · Populism · Economic Growth and Development · Economic Growth and Productivity · International Development and Aid

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Citations per year1.29
Citation span2019 - 2025 (7)
Highly citedNo

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