
2min+ Book Summary: Bourguignon's The Globalization of Inequality
The Point: In recent decades, global inequality across countries has been decreasing, while inequality within many countries has been increasing. Francois Bourguignon discusses these two facts in relation to one another and wonders whether or not we need to worry about a world where cross-border inequalities are being "internalized." The Quote: "Over the last decade, roughly 20% of the drop in inequality between countries has been compensated for by an increase in within coun