Income and Wealth Inequality in Asia and the Pacific: Trends, Causes, and Policy Remedies

Zhuang, Juzhong

doi:10.1111/aepr.12399

Cited by 17 publications

(16 citation statements)

References 78 publications

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“…I agree with Zhuang (2022) in his summary assessments of the negative effects of income inequality. Zhuang (2022) includes a section on the inequality in China, so I would like to focus my comments on this section, and particularly on the working‐age households in China.…”

Section: 2012 2014 2016 2018supporting

confidence: 79%

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Comment on “Income and Wealth Inequality in Asia and the Pacific: Trends, Causes, and Policy Remedies”

Gan

2022

Asian Economic Policy Review

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Section: 2012 2014 2016 2018supporting

confidence: 79%

“…Zhuang (2022) discusses income inequality decade‐wise since the 1980s. I would like to list the biennial changes of income inequality since 2010.…”

Section: 2012 2014 2016 2018mentioning

confidence: 99%

Comment on “Income and Wealth Inequality in Asia and the Pacific: Trends, Causes, and Policy Remedies”

Gan

2022

Asian Economic Policy Review

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“…Various international development agencies have commissioned reports, studies and policy papers on inequality to demystify widening inequality in Asia (ADB 2012; Kanbur et al 2014;Huang et al 2019;Lee & Choong, 2019). More recent studies include Zhuang (2022) and Kim (2022) who focus on a sub-set of Asian countries. However, available research on inequality often lacks consensus owing to differences in the choice of concepts, measurement and data source, resulting in conflicting conclusions.…”

Section: The Study Context and Backgroundmentioning

confidence: 99%

Inequality and Public Policy in Asia

2022

JEM

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Inequality is on the rise in many parts of Asia despite decades of economic growth and falling poverty. The concern over widening income and wealth gaps has further increased following the COVID-19 pandemic, which has also revived the discussion on the role of public policy in ensuring more equal market outcomes and social opportunities. This guest editorial introduces the special issue proposed by the Global Labor Organization (GLO) on inequality in Asia which includes ten papers by academics and policy researchers. The authors present contrasting research perspectives and evidence using a variety of datasets, methodologies and country experiences to better understand the evolution of inequality and its underlying causes. More specifically, they assess the role of educational expansion, population aging, migration, structural change, trade liberalization, public expenditure and social protection programs in inequality reduction. A number of policy actions are considered to tackle rising inequality such as addressing shortfalls in social expenditure, making social protection systems more inclusive and rethinking the governance of international labor migration. The recommendations also emphasize building on the lessons learnt from the pandemic. ABSTRAK Ketidaksamaan semakin meningkat di banyak bahagian Asia disebalik berdekad-dekad pertumbuhan ekonomi dan kejatuhan kemiskinan. Kebimbangan terhadap jurang pendapatan dan kekayaan yang semakin melebar berikutan pandemik COVID-19, yang turut menghidupkan semula perbincangan mengenai peranan dasar awam dalam memastikan hasil pasaran dan peluang sosial yang lebih sama rata. Editorial jemputan ini memperkenalkan isu khas yang dicadangkan oleh Pertubuhan Buruh Global (GLO) mengenai ketidaksamaan diAsia yang merangkumi sepuluh kertas kerja oleh ahli akademik dan penyelidik dasar. Penulis mengemukakan perspektif dan bukti penyelidikan yang berbeza menggunakan pelbagai set data, metodologi dan pengalaman negara untuk lebih memahami evolusi ketidaksamaan dan punca asasnya. Lebih khusus lagi, mereka menilai peranan pengembangan pendidikan, penuaan penduduk, migrasi, perubahan struktur, liberalisasi perdagangan, perbelanjaan awam dan program perlindungan sosial dalam mengurangan ketidaksamaan. Beberapa tindakan dasar dipertimbangkan untuk menangani ketidaksamaan yang semakin meningkat seperti menangani kekurangan dalam perbelanjaan sosial, menjadikan sistem perlindungan sosial lebih inklusif dan memikirkan semula tadbir urus migrasi buruh antarabangsa. Cadangan tersebut juga menekankan membina pengajaran yang dipelajari daripada wabak itu.

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“…The first paper by Zhuang (2023) provides a broad overview of income and wealth inequality in Asia and the Pacific, with an extended discussion on China. The paper on Thailand by Kanchoochat (2023) highlights the institutional forces that shape inequality in the country.…”

mentioning

confidence: 99%