Financial and Monetary Systems

An elephant in the room? Globalization in the US and other mature economies

Storm clouds are seen above the Canary Wharf financial district in London, Britain, August 3, 2010.  REUTERS/Greg Bos/File Photo - RTSRXN2

Caroline Freund, senior fellow at the Peterson Institute for International Economics, deconstructs the elephant graph. Image: REUTERS/Greg Bos

Caroline Freund
Senior Fellow, Peterson Institute for International Economics
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Financial and Monetary Systems

Global inequality has declined
Image: Peterson Institute for International Economics
Mature economies have performed well throughout the distribution
Image: Peterson Institute for International Economics
Redrawing the elephant
Image: Peterson Institute for International Economics
Changes in the Gini coefficient, mid-1990s to mid-2000s
Image: Peterson Institute for International Economics
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Financial and Monetary SystemsEconomic Progress
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