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Inequality: Fiscal Policy Can Make the Difference

Vitor Gaspar,Mercedes Garcia-Escribano, (2017), “Inequality: Fiscal Policy Can Make the Difference”, IMF BLOG, 11 Οκτωβρίου

Income inequality among people around the world has been declining in recent decades. This is due to countries like China and India’s incomes catching-up to advanced economies. But the news is not all good. Inequality within countries has increased, particularly in advanced economies. Since the global economic recovery has gained pace and is now widespread, policymakers have a window of opportunity to respond with reforms that tackle inequality.

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