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Branco Milanovic's Global Inequality

posted onJanuary 25, 2018

Branko Milanović is a Serbian-American economist who was born in 1953. He did his Ph.D. at University of Belgrade in 1987 with the dissertation on economic inequality in Yugoslavia. He is a presidential professor at the Graduate Center City University of New York and senior fellow at Luxembourg Income Study, He was lead economist in World Bank Research Department for almost 20 years and senior associate at Carnegie Endowment for International Peace in Washington (2003-2005). He held teaching appointments at University of Maryland (2007-2013) and School for Advanced International Studies, Johns Hopkins University (1997-2007).  

During his 25-year career as an economist, his main area of research has been income distribution. He has published a large number of papers mainly on world inequality and poverty. He is the author of several books including Worlds Apart. Measuring International and Global Inequality (2005), The Haves and the Have-Nots: A Brief and Idiosyncratic History of Global Inequality (2010), The Haves and the Have-Nots (2011), Global inequality: A New Approach for the Age of Globalization, (2016)
Milanovic writes the blog globalinequality since May 2014.  Here is what he posted on 19 Januart 2018 on the occasion of the World Economic Forum in Davos, where business leaders mingle with politicians to discuss a range of topics.

"Thousands of people will gather next week in Davos. Their combined wealth will reach several hundred billion dollars, perhaps even close to a trillion. Never in world history will be the amount of wealth per square foot so high. And this year, for the sixth or seventh consecutive time, what would be one of the principal topics addressed by these captains of industry, billionaires, employers of thousands of people across the four corners of the globe: inequality…"

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