Inequality and Uneven Development in the Post-Crisis World: 1st Edition (Hardback) book cover

Inequality and Uneven Development in the Post-Crisis World

1st Edition

Edited by Sebastiano Fadda, Pasquale Tridico

Routledge

260 pages | 61 B/W Illus.

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Hardback: 9781138229563
pub: 2017-06-21
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Description

In the years following the financial crash, two issues have become central to the debate in economics: inequality and the uneven nature of sustainable development. These two issues are at the core of this book which aims to explain three key questions: why inequality has increased so much in the last three decades; why most advanced economies are stagnating or are experiencing moderate economic growth; and why, even where economic growth is occurring, the quality of that growth is questioned.

Inequality and Uneven Development in the Post-Crisis World is divided into three parts. The first part concerns the theoretical aspects of inequality, and ethical issues regarding economics and equality. The second part explores empirical evidence and policy suggestions drawing on the uneven levels of development and unprecedented levels of inequality experienced among advanced economies in the context of global financial capitalism. The third part focuses on sustainable development issues such as full employment, social costs of global trade liberalization, environmental sustainability and ecological issues. Along with inequality these issues are central for capitalism and for economic development.

This volume is of interest to those who study political economy, sustainable development and social inequality.

Table of Contents

Introduction

Pasquale Tridico and Sebastiano Fadda

Part I Ethics, Pluralism and Theoretical Approaches

 

Chapter 1 The rise of income inequality in rich countries

Pasquale Tridico

Chapter 2 Income inequality, household debt and growth

Riccardo Pariboni

Chapter 3 Unsustainable Unemployment and Sustainable Growth. A Long Run Perspective

Sebastiano Fadda

Chapter 4 Shifting The Social Costs of Trade: Non-Tariff Measures As The New Focus Of Trade Policy

Werner Raza

Chapter 5 Inequity and Unsustainability: The Role of Financialized Masculinity

Julie A. Nelson

 

Part II Empirical Evidences of Inequality

 

Chapter 6 Intergenerational inequality: transmission channels, direct and indirect mechanisms and evidence for European countries

Michele Raitano

Chapter 7 Financialised Capitalism and Inequality: shareholder value-driven firms, marketised household balance sheets and bubbly financial markets

Nicholas Black and Ismail Ertürk

Chapter 8 Regional inequalities and foreign direct investments. The case of Hungary

Miklós Szanyi

Chapter 9 Financialization and Inequalities: The Uneven Development of the Housing Market On The Eastern Periphery of Europe

Zoltan Gál, Erika Nagy, Zsuzsi Pósfai

 

Part III Sustainable Development Issues

 

Chapter 10 The Triple Crisis: How can Europe foster growth, well-being, and sustainability?

Miriam Rehm, Sven Hergovich and Georg Feigl

Chapter 11 The challenge of hydropower as a sustainable development alternative

Benefits and controversial effects in the case of the Brazilian Amazon

Nicola Caravaggioa, Valeria Costantinia,b, Martina Iorioa, Salvatore Monnia and Elena Paglialungaa

Chapter 12 Careful with that switch! Willingness to save energy and income distribution

Gionata Castaldi, Alessio D’Amato and Mariangela Zoli

Chapter 13 PES – a Payment for Ecosystem Services or a Price for our (un)Efficiency System?

Renáta Kitti Fodor

About the Editors

Sebastiano Fadda is Professor at the Roma Tre University, Rome, Italy, and teaches Advanced Labour Economics at the Department of Economics. He is director of ASTRIL (Interdisciplinary Association for the Study and Research of Labour) and has worked extensively on institutions, economic development and labour economics issues.

Pasquale Tridico is Professor at the Roma Tre University, Rome, Italy, and is a lecturer in Labour Economics and Economic Policy. He is director of a two-year master’s degree course (Labour Market, Industrial Relations and Welfare Systems). He is also Jean Monnet Chair of Economic Growth and Welfare Systems and elected General Secretary of the EAEPE. He is the author of Inequality in Financial Capitalism (Routledge, 2017).

About the Series

Routledge Advances in Heterodox Economics

Over the past two decades, the intellectual agendas of heterodox economists have taken a decidedly pluralist turn.  Leading thinkers have begun to move beyond the established paradigms of Austrian, feminist, Institutional-evolutionary, Marxian, Post Keynesian, radical, social, and Sraffian economics—opening up new lines of analysis, criticism, and dialogue among dissenting schools of thought.  This cross-fertilization of ideas is creating a new generation of scholarship in which novel combinations of heterodox ideas are being brought to bear on important contemporary and historical problems.

Routledge Advances in Heterodox Economics aims to promote this new scholarship by publishing innovative books in heterodox economic theory, policy, philosophy, intellectual history, institutional history, and pedagogy.  Syntheses or critical engagement of two or more heterodox traditions are especially encouraged.

Learn more…

Subject Categories

BISAC Subject Codes/Headings:
BUS000000
BUSINESS & ECONOMICS / General
BUS069030
BUSINESS & ECONOMICS / Economics / Theory