Ethical Case and Economic Feasibility of Global Transfers

28 Pages Posted: 6 Apr 2007

See all articles by Branko Milanovic

Branko Milanovic

World Bank - Development Research Group (DECRG); University of Maryland

Date Written: March 2007

Abstract

Why are social transfers from rich to poor people conducted only within countries? Is there a case for cross-country transfers? Would the basis for such transfers lie in compensation for past injustices; current economic and political interdependence between people in rich and poor countries; or the application of the global difference principle (as the cosmopolitans would argue)? The paper sees global non-state actors as key factors in fostering some modest redistribution at the global scale.

Keywords: global redistribution, global inequality

JEL Classification: D63

Suggested Citation

Milanovic, Branko, Ethical Case and Economic Feasibility of Global Transfers (March 2007). World Bank Policy Research Working Paper No. 3775, Available at SSRN: https://ssrn.com/abstract=978696

Branko Milanovic (Contact Author)

World Bank - Development Research Group (DECRG) ( email )

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HOME PAGE: http://econ.worldbank.org/staff/bmilanovic

University of Maryland ( email )

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College Park, MD 20742
United States

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