Dopo esserci più volte scritti,

ho finalmente avuto il piacere di incontrare Stefano Fugazzi all'ultima riunione del Movimento Roosevelt di Londra. 

Leggo oggi sui canali Facebook del Movimento Roosevelt la pubblicazione di un articolo di un suo recente studio, che ci tengo a riproporre in originale in questo post.

Trovandomi in pieno accordo con Fugazzi sull'analisi economica, aggiungo di seguito all'articolo anche il breve commento che ho lasciaot su Facebook.

Articolo preso da: https://www.tremr.com/stefano-fugazzi/globalisation-and-income-inequality

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Income inequality is a hotly debated topic and its cause is unclear. 

Some argue that the gap between the rich and the poor has widened as a result of the monetary policies undertaken by central banks to boost consumption and economic activity in the aftermath of the 2007 financial crisis. Others believe that monetary policies have little to do with income inequality.

Last April professor Thomas Piketty noted that income inequality in the USA is largely due to excessive deregulation of industries and services, particularly within the financial sector, a tax system which has become less progressive, weakened unions and a chronically slow growth in the living standards of low- and moderate-income Americans. 

A newly published study, led by professor Daniel Waldenström of Paris School of Economics, observes global inequality, its trend between 1970 and 2015, and some evidence on its main drivers.

The research looked at data on earnings, taxes, working hours, and local prices for workers in 15 representative occupations since 1970, in up to 85 cities in 66 countries, in all the world’s continents.

The study found that global earnings inequality was very high in 1970 but has fallen to a lower level today. The main adjustment occurred in the early 2000s.

The reduction in the world’s wage gap is largely due to earnings growth in Asia which contributed to a drop in global earnings inequality.

Compared with earlier studies on global inequality in income or consumption, professor Waldenström found that inequality in earnings and wages is slightly lower, but follows a similar trend.

Even though global inequality has somewhat reduced since the 1970s, the study found that the wage gap has increased within countries but decreased between countries.

“We find that within-country inequality rose over this period (by 5 Gini points), while between-country inequality fell (by 15 points), leading to the combined effect of a 10-point fall in total earnings inequality.”

The main shift in both of these trends took place at almost the same time, during the early years of the 21st century.

The study also observed that inequality within occupations has fallen, especially in the trade and industrial sectors. 

“This suggests that globalisation could be a potential driver of this earnings convergence trend,” the researchers concluded.

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Il mio commento alle molte risposte raccolte dall'articolo di Fugazzi:

Molte multinazionali (alcune per le quali potrei avere lavorato anche recentemente) stanno spostando i propri investimenti, sopratutto per quanto riguarda NPD e marketing, nei mercati in via di sviluppo, dove sta nascendo e si sta sviluppando una classe media. Non è una novità che in India, Cina etc. ci sia una classe media emergente. La questione è che le ricchezze distribuite alla popolazione non sono minimamente comparabili con i profitti delle multinazionali nell' area. La sfida diventa quindi quella di continuare a promuovere una crescita economica nei paesi emergenti, accompagnandola peró anche ad una espansione dei diritti, dello stato di diritto e dello stato sociale, tutelando allo stesso tempo le nostre economie e le nostre conquiste sociali.