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30 Years of economics for development

WIDERAngle September 2014

From the Editor’s Desk

Tony Addison

As the Finnish autumn embraces us, we can reflect on a very successful conference on ‘Inequality: Measurement, Trends, Impacts and Policies’, held in Helsinki on 5-6 September. UNU-WIDER welcomed 350+ people from all over the world, with an especially good turnout of early-career researchers. This included many from Africa. Meanwhile, I launched myself into twitter (@TonysAngle) and I do urge you to follow us here @UNUWIDER for the very latest news.

September’s issue of Angle contains a full report on our inequality conference by Roger Williamson. We debated all aspects of the issue, including the drivers of the recent rise in inequality, and what can be done, policy-wise, to reduce it. Presentations, papers, videos, can be found here. Full article

Global inequality – what’s going on?

Roger Williamson

Huge interest in the UNU-WIDER Inequality Conference (5-6 September)
Inequality is big news. Whether you think Thomas Piketty’s book is primarily long-run economic history or a prediction of future trends for returns to capital and labour, it is still a surprise that a big, serious economics book is a best seller.

So perhaps it should be no surprise that the demand for places at the UNU-WIDER inequality conference should be high, attracting 350 participants (one of the biggest by UNU-WIDER standards), and that only 15 per cent of the papers offered to the conference could be accepted. Full article


Economic Elites, Crises and Austerity in 21st Century Capitalism

Andrés Solimano​​

​The era of neoliberal capitalism starting by the late 1970s and early 1980s promotes free trade, capital mobility, fragmented migration, privatization, deregulation and marketization. On the social side neoliberalism seeks the weakening of labour unions and the strengthening of big capital. My book examines the main effects of this variant of global capitalism such as the rise of economic elites, the internal differentiation of the middle class and the marginalization of the traditional working classes, the higher frequency of financial crisis followed by austerity policies, the rise of the politics of nationalism and intolerance, the globalization of elites, migration and social movements. We end with some thoughts of an alternative based on the principles of economic democracy. Full article


Successes and challenges of public financial management in Sierra Leone

Successful public financial management in Sierra Leone is one of the country’s main achievements since the end of the civil war that plagued it during the 1990s. Improvements are still required but the country’s successful performance in the midst of extremely precarious conditions is a case study of how timing, commitment and capacity are fundamental to PFM reform. Full Article

The effect of taxation on income inequality and growth in Latin America

Tax reforms representing a big shift in fiscal policy took place in Latin America in the 2000s. These reforms were initially prompted by the lack of adequate growth and the failure of previous policies to reduce income inequality. These reforms have played a large role in reducing inequality in Latin America, but are they sustainable? ​Full article


Aid, growth and other issues - an interview with Finn Tarp

Roger Williamson
In this interview Finn Tarp, Director of UNU-WIDER, discusses the evidence uncovered in the aid and growth and other themes of the ReCom – Research and Communication on Foreign Aid programme, coordinated by UNU-WIDER 2011-13.  

WIDERAngle newsletter
September 2014
ISSN 1238-9544

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