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Towards a Better Global Economy – Policy Implications for Citizens Worldwide in the 21st Century - Oxford Scholarship Online
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Towards a Better Global Economy: Policy Implications for Citizens Worldwide in the 21st Century

Franklin Allen, Jere R. Behrman, Nancy Birdsall, Shahrokh Fardoust, Dani Rodrik, Andrew Steer, and Arvind Subramanian


Substantial progress in the fight against extreme poverty was made in the past two decades. But the slowdown in global economic growth and significant increases in income inequality in many developed and developing countries raise serious concerns about the continuation of this trend into the twenty-first century. The time has come to think seriously about how improvements in official global governance, coupled with and reenforced by rising activism of “global citizens,” can lead to welfare-enhancing and more equitable results for global citizens through better national and international polic ... More

Keywords: economic growth, income inequality, poverty, population and human capital, global economy, trade and globalization, finance and growth, natural resources and climate change, global economic governance, global citizens

Bibliographic Information

Print publication date: 2014 Print ISBN-13: 9780198723455
Published to Oxford Scholarship Online: November 2014 DOI:10.1093/acprof:oso/9780198723455.001.0001


Affiliations are at time of print publication.

Franklin Allen, author
Nippon Life Professor of Finance and Economics and Co-Director, Wharton Financial Institutions Center

Jere R. Behrman, author
William R. Kenan Jr. Professor of Economics and Sociology, University of Pennsylvania

Nancy Birdsall, author
President, Center for Global Development

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