Global Inequality: A New Approach for the Age of Globalization

Branko Milanovic, City University of New York, discussed his new noteworthy book, Global Inequality: A New Approach for the Age of Globalization, on May 9, 2016. Caroline Freund and Steve Weisman of the Institute commented on issues raised by Milanovic, drawing on their own recent books, Rich People Poor Countries and The Great Tradeoff: Confronting Moral Conflicts in the Era of Globalization, respectively.

Branko Milanovic is a visiting presidential fellow at the Luxembourg Income Study Center at the City University of New York. Previously he was lead economist in the research department of the World Bank (1991–2013), professor at the University of Maryland (2007–13), visiting professor at Johns Hopkins University (1997–2007), and senior associate at Carnegie Endowment for International Peace (2003–05). He is the author of numerous articles on global income distribution and the effects of globalization.

Caroline Freund, senior fellow at the Institute, was chief economist for the Middle East and North Africa at the World Bank from 2011 to 2013. Prior to that she was lead economist from 2009 to 2011 and senior economist from 2002 to 2009 in the research department of the World Bank. She was also senior economist at the International Monetary Fund during 2006–07 and economist at the Federal Reserve Board from 1997 to 2003. The Institute published her book Rich People Poor Countries in January 2016.

 Steve Weisman has been with the Institute since 2008 and as vice president of publications and communications since 2013. He had previously been the chief international economics correspondent of the New York Times. From 1995 to 2002, he served as a member of the editorial board of the New York Times, specializing in politics and economics. Earlier he served as deputy foreign editor for the Times and as bureau chief in Tokyo and New Delhi as well as senior White House correspondent during President Ronald Reagan's first term. The Institute published The Great Tradeoff in January 2016.

PIIE is grateful to the Eranda-Rothschild Foundation and the Stavros Niarchos Foundation for their generous ongoing support of the Institute's work in the areas of ethics and inequality under globalization.