Article 8T46 Inequality: how rich countries can make a difference

Inequality: how rich countries can make a difference

by
Kenneth Rogoff
from on (#8T46)

The debate has focused so intensely on domestic inequality that the far larger issue of global inequality has been overshadowed

Europe's migration crisis exposes a fundamental flaw, if not towering hypocrisy, in the ongoing debate about economic inequality. Wouldn't a true progressive support equal opportunity for all people on the planet, rather than just for those of us lucky enough to have been born and raised in rich countries?

Many thought leaders in advanced economies advocate an entitlement mentality. But the entitlement stops at the border: though they regard greater redistribution within individual countries as an absolute imperative, people who live in emerging markets or developing countries are left out.

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