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Publications (11)
Research on how income inequality affects borrowing behaviour reignited after the 2008 global recession. One prevailing theory is that rising income inequality in the US and other high-income economies eroded real household incomes and prompted more and more borrowing. This growing debt culminated...
Many countries today experience increasing or persistent income inequality, a major concern for citizens and politicians alike. This concern is justified; as some individuals get richer, most people’s real incomes stagnate. Widening income inequality brings challenges to a nation’s development...
Blog
Early in October 2022, international and Colombian researchers gathered together for three days at the UNIANDES campus, located at the foot of the impressive Monserrate in Bogotá, Colombia. They were there to discuss their latest advances in inequality research. This was the second WIDER Development...
Blog
For several decades, UNU-WIDER has actively worked on pathfinding and groundbreaking research on inequalities. We host one of the most extensive collections of income inequality statistics in the world freely available and updated annually. I have written previously about how the institute was...
Blog
Robert J. Strom Interest in the study of entrepreneurship has flourished among scholars in recent years. This research has brought to light, among other things, the important role of entrepreneurship and innovation in economic growth. We know that innovative entrepreneurs—those who bring new...
Blog
Wim Naudé and Adam Szirmai Nobody can be left in any doubt as to the importance of innovation for prosperity on reading[i] that ‘People living in the first decade of the twentieth century did not know modern dental and medical equipment, penicillin, bypass operations, safe births, control of...
Blog
Tommaso Ciarli, Saeed Parto and Maria Savona Afghanistan remains one of the poorest countries in the world with an estimated per capita income of 300 US dollars and average mortality age of 47 years. By all accounts, progress to date for moving Afghanistan out of poverty and on to a path of economic...
Blog
Sameeksha Desai Across countries, entrepreneurship is shown to support wealth and income generation, job creation and innovations in product and process. The precise role of entrepreneurship in any specific country depends on the institutional context. Much of our understanding of institutions and...
Blog
– Lessons from Finland
Otto Toivanen At least since the 1950s it has been recognized that innovation is central to economic growth. It has also been well understood that innovations both generate and rely on externalities. These twin facts, together with market failures most often thought to arise in financing of...
Blog
Jurgen Brauer and Robert Haywood The role of the sovereign state in driving and resolving violent social conflict remains central to studies of peace and governance. Based on a co-authored paper, this article considers the role that territorial-based sovereignty plays in violent social conflict and...
Blog
– Some Lessons for Developing Countries
William Lazonick Defined as the act of forming a new business, entrepreneurship is viewed as a prime way in which individualism can contribute to economic development. Recently The Economist depicted entrepreneurs as “global heroes” who can lead us out of the current economic crisis.[1] Nevertheless...
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