The Geopolitical Economy of International Inequality
Bibliographic Data
| ID | 5161330 |
|---|---|
| Authors | Alan Freeman (corresponding author) |
| Year | 2024 |
| Volume | 55 |
| Issue | 1 |
| Pages | 3-37 |
| Publication date | 2024-01-01 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Development and Change (JOURNAL) |
| Journal identifiers | ISSN: 0012-155X • E-ISSN: 1467-7660 |
| Publisher | Wiley (PUBLISHER • GB) |
| DOI | 10.1111/dech.12812 |
| OpenAlex | W4392124344 |
| Language | EN |
| Citations received | 3 |
| References cited | 32 |
This article shows that economic inequality between nations has systematically worsened in monetary terms since 1950, and that the principal explanator is inequality between blocs of nations, notably the persistent gap between the Global North and Global South. By 2022, the GDP per capita of the North was 12 times greater than that of the South, this ratio being twice as great as in 1950. This general trend has two consistent exceptions, China and Vietnam. There was also a brief reversal of the trend from 2000 to 2012. However, except for China and Vietnam, it has resumed since then. The article shows that both the Global South and North are coherent entities: they are historically stable and converge internally while diverging from each other. It assesses the implications for international inequality and convergence research and draws out some consequences for world geopolitical relations. Finally, the article sets out the case for an international classification standard that facilitates systematic research into inter-bloc inequality
China · Convergence (economics) · Development economics · Economic growth · Economics · Economy · Geopolitics · Inequality · Per capita · Political science · Population · Principal (computer security) · Sociology · Demography · Economic Growth and Productivity · Fiscal Policy and Economic Growth · Income, Poverty, and Inequality
The general theory of employment, interest, and money
Capital in the Twenty-First Century
What Remains of Cross-Country Convergence?
The Next Generation of the Penn World Table
The clash of civilizations and the remaking of world order
The Great Divergence
The Development of Underdevelopment
Decomposable Income Inequality Measures
The World Inequality Report
Global Inequality
Race and Racism in Modern East Asia
The Poverty of Statistics and the Statistics of Poverty
Decomposing the Gini Inequality Index
A two-dimensional analysis of seventy years of United Nations voting
Globalization and North—South Inequality, 1870—2000
The Stages of Economic Growth
International Trade and the Equalisation of Factor Prices
Convergence? Inferences from Theoretical Models
Inequality Decomposition Analysis and the Gini Coefficient Revisited
Introduction to the special issue of Japanese Political Economy on international income inequality
The 60-year downward trend of economic growth in the industrialized countries of the world
Worlds Apart
Divergence, Big Time
The Origins of Endogenous Growth
The Developmental State
| Citations per year | 1.5 |
|---|---|
| Citation span | 2024 - 2026 (3) |
| Highly cited | No |