TY - BOOK ID - 133777787 TI - Global Inequality and the Global Inequality Extraction Ratio : the Story of the Past Two Centuries PY - 2009 PB - Washington, D.C., The World Bank, DB - UniCat KW - Average income KW - Average incomes KW - Economic review KW - Equity and Development KW - Growth rates KW - Historical perspective KW - Household surveys KW - Income KW - Income distribution KW - Income distribution data KW - Income distributions KW - Income inequality KW - Income levels KW - Incomes KW - Inequality KW - International Economics & Trade KW - Mean income KW - Mean incomes KW - Policy research KW - Poverty Impact Evaluation KW - Poverty Reduction KW - Power parity KW - Public policy KW - Public Sector Development KW - Real growth KW - Services and Transfers to Poor KW - Trade Policy UR - https://www.unicat.be/uniCat?func=search&query=sysid:133777787 AB - Using social tables, the author makes an estimate of global inequality (inequality among world citizens) in the early 19th century. The analysis shows that the level and composition of global inequality have changed over the past two centuries. The level has increased, reaching a high plateau around the 1950s, and the main determinants of global inequality have become differences in mean country incomes rather than inequalities within nations. The inequality extraction ratio (the percentage of total inequality that was extracted by global elites) has remained surprisingly stable, at around 70 percent of the maximum global Gini, during the past 100 years. ER -