Branko Milanovic will discuss the evolution of the global income distribution in the period after the Global Financial Crisis and its political implications. They include the rise of the middle class in Asia, continued income stagnation of the rich countries’ middle classes, and incentives for greater migration. He will also discuss the slowdown in income growth of the global top 1 percent which happened after the 2008 crisis and whether the same outcome may be expected after the COVID-19 crisis.
Resources from the seminar:
Stay tuned for more high-profile speakers in the Poverty & Equity Seminar series:
Jan. 28: Rohini Pande
Feb. 4: Thomas Piketty