Choice of Regulatory Form: Efficiency, Equity, or Politics?

Discussion Question

One of the world’s most difficult problems is "inequality." How much inequality is "equitable"?  How much inequality can be explained by differences in work and productivity, and how much by differences in fair economic and political policy?

Data Set

Cumulative Quintile Income Shares, by country (for various years)

Source: Deininger-Squire Data Set (http://www.worldbank.org/research/growth/dddeisqu.htm)

Advanced Questions

What, if anything, should be done to resolve the problem of inequality?  If steps were taken to reduce inequality, what should the guidelines be?

Additional Links

PovertyNet from the World Bank (http://www.worldbank.org/poverty/index.htm)


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