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Global inequality of class to the country of residence of the proletarians to migrants
[Глобальное Неравенство: От Классовой Принадлежности К Стране Проживания, От Пролетариев К Мигрантам]

Author

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  • Milanovic, Branko (Миланович, Бранко)

    (Russian presidental academy of national economy and public administration)

Abstract

The inequality between the citizens of the world in the XIX century, at least half could be attributed to the difference in income between workers and owners of capital in a particular country. The real income of workers in most countries was about the same low level. That is what was the basis for the widespread acceptance of Marxism. After more than 150 years old, at the beginning of the XXI century, the situation changed dramatically: over 80% of global differences in income due to a significant gap between the average income in different countries, and the wages of unskilled workers in rich and poor countries often differ on the order. This is due to a new global political problem of migration, because the difference in income between the countries makes the migration extremely beneficial to the individual. The main problem of the near future will be to find an answer to this new challenge - assuming migration recognition of one of the most effective tools for reducing global poverty and inequality.

Suggested Citation

  • Milanovic, Branko (Миланович, Бранко), 2016. "Global inequality of class to the country of residence of the proletarians to migrants [Глобальное Неравенство: От Классовой Принадлежности К Стране Проживания, От Пролетариев К Мигрантам]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 1, pages 14-26, February.
  • Handle: RePEc:rnp:ecopol:ep1607
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    References listed on IDEAS

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    1. Walmsley, Terrie L. & Winters, L. Alan, 2005. "Relaxing the Restrictions on the Temporary Movement of Natural Persons: A Simulation Analysis," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 20, pages 688-726.
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    Cited by:

    1. Jacques Fontanel, 2019. "Globalisation économique, facteur d'inégalités," Working Papers hal-02142671, HAL.

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    More about this item

    Keywords

    global inequality; class inequality; global poverty; international migration;
    All these keywords.

    JEL classification:

    • B14 - Schools of Economic Thought and Methodology - - History of Economic Thought through 1925 - - - Socialist; Marxist
    • F22 - International Economics - - International Factor Movements and International Business - - - International Migration
    • F60 - International Economics - - Economic Impacts of Globalization - - - General
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty

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