World on the move : consumption patterns in a more equal global economy / Tomáš Hellebrandt and Paolo Mauro ; assisted by Ján Žilinský.

Format:

Book

Author/Creator:

Hellebrandt, Tomas, author.

Mauro, Paolo, author.

Contributor:

Zilinsky, Jan, contributor.

Peterson Institute for International Economics, issuing body.

Series:

Policy analyses in international economics ; 105.

Policy analyses in international economics ; 105

Language:

English

Subjects (All):

Income distribution.

Consumption (Economics).

Population--Economic aspects.

Population.

Globalization--Economic aspects.

Globalization.

Physical Description:

xiii, 166 pages : illustrations, charts ; 23 cm.

Place of Publication:

Washington, DC : Peterson Institute for International Economics, 2016.

Contents:

1 The Changing Landscape of Global Consumption 1

Focus of the Book 2

Key Findings 3

2 Projecting Growth in Populations and Incomes 7

Estimates and Projections of Population and Income 7

Reliability of Long-Run Projections of Economic Growth and Population 10

Alternative Scenarios for Economic Growth Projections 13

Appendix 2A Sources of Data Used to Project Economic Growth 15

3 Measuring Income Distribution within Countries 29

How Do Economists Measure Inequality? Key Concepts and Issues 30

Recent Trends in Within-Country Inequality 33

Relationship between Inequality and Development 35

Projections of Within-Country Inequality 37

Appendix 3A Household Survey Data Used in the Analysis 43

Appendix 3B Methodology for Adjusting the Data 57

4 Global Income Distribution from the Turn of the Century to 2035 81

How Do Philosophers Think about Global Inequality? 81

Estimating Global Inequality: Key Concepts and Issues 83

Global Inequality in 2003, 2015, and 2035 85

Geographic Distribution of World Population by Income 92

Sensitivity of Projections of Global Inequality 96

Benefits of Using Individual-Level Data 100

Taking Stock and Next Steps in the Analysis 101

Appendix 4A Creating a Global Distribution from Within-Country Distributions 103

5 How Will Changes in Population and Income Distribution Affect Global Consumption? 107

How Do Rising Incomes Affect Individual Economic Choices? 108

New Estimates of Impact of Rising Incomes on Spending Choices 111

Projected Spending on Food and Transportation 116

6 Projected Demand for Transportation Infrastructure through 2035 121

Projecting Demand for Paved Roads and Railroads Based on Past Patterns 122

Financing Investment in Infrastructure and Ensuring Value for Money 126

7 How Will Countries Build the Infrastructure They Need? 129

Should Policymakers Make a Big Push for Infrastructure Investment? 129

Creating Room in Fiscal Policies for Public Financing of Infrastructure Investment 130

Facilitating Private Sector Financing of Infrastructure Projects 133

Managing the Risks to the Public Sector from Private Sector Financing 136

Improving Public Procurement Procedures and Preventing Corruption and Fraud 137

Creating Incentives for Climate-Friendly Infrastructure 138

8 Challenges from Rising Consumption in the Next 20 Years 141

Reducing Inequality 142

Boosting Infrastructure Investment 143

Preserving the Sustainability of Consumption Growth through International Cooperation 144.

Notes:

Includes bibliographical references and index.

Other Format:

Online version: Hellebrandt, Tomas, author. World on the move

ISBN:

9780881327168

0881327166

OCLC:

950448767