2023-09-28 14:46:10 +00:00
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abstract: 'The Asia-Pacific region''s rapid growth and poverty reduction in recent
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decades have been accompanied by rising income and wealth inequality.
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Technological progress, globalization, deregulation and market-oriented
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reform, and financialization have generated many new opportunities, but
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rewarded capital more than labor, benefited skilled workers more than
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the unskilled, widened spatial inequality, and produced a growing number
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of the superrich. For some countries, population aging has also
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contributed to rising inequality. The present paper provides an update
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on recent trends of income and wealth inequality in the Asia-Pacific
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region, examines causes behind rising inequality, and discusses policy
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actions needed to tackle inequality. It also assesses how the COVID-19
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has likely worsened inequality in the region.'
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affiliation: 'Zhuang, J (Corresponding Author), Fudan Univ, Fanhai Int Sch Finance,
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Shanghai, Peoples R China.
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Zhuang, Juzhong, Fudan Univ, Shanghai, Peoples R China.'
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author: Zhuang, Juzhong
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author-email: jzhuang1984@outlook.com
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author_list:
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- family: Zhuang
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given: Juzhong
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da: '2023-09-28'
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doi: 10.1111/aepr.12399
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earlyaccessdate: JUL 2022
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eissn: 1748-3131
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files: []
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issn: 1832-8105
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journal: ASIAN ECONOMIC POLICY REVIEW
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keywords: 'Asia; causes of rising inequality; China; income inequality; wealth
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inequality; D3; F6; J3; N3; O15; O33'
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keywords-plus: 'BIASED TECHNOLOGICAL-CHANGE; WAGE INEQUALITY; DEVELOPING-COUNTRIES;
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TECHNICAL CHANGE; GROWTH; CHINA; FINANCIALIZATION; INVESTMENT;
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EMPLOYMENT; SKILLS'
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language: English
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month: JAN
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number: '1'
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number-of-cited-references: '106'
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pages: 15-41
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papis_id: 4587997f503e5bab553bfc90c2288643
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ref: Zhuang2023incomewealth
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times-cited: '0'
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title: 'Income and Wealth Inequality in Asia and the Pacific: Trends, Causes, and
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Policy Remedies'
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2023-10-01 08:15:07 +00:00
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type: article
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2023-09-28 14:46:10 +00:00
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unique-id: WOS:000824119200001
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usage-count-last-180-days: '9'
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usage-count-since-2013: '14'
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volume: '18'
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web-of-science-categories: Economics
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year: '2023'
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