The adoption of neoliberal economic policies during the latter half of the twentieth century resulted in the transference of manufacturing and manufacturing jobs from the core to the periphery. In peripheral nations, the effects of increased investment and the ensuing economic growth simultaneously resulted in upward mobility at a national level and higher levels of within-nation wealth inequality. As wealth inequality increased in India, Russia and China, the percentage of global billionaires located in these three nations increased dramatically from just one per cent in 1987 to 22 per cent in 2011.
|Title of host publication||2013 Conference Proceedings : Reflections, Intersections and aspirations: 50 years of Australian Sociology|
|Editors||Nick Osbaldiston, Catherine Strong, Helen Forbes-Mewett|
|Place of Publication||Melbourne|
|Number of pages||14|
|Publication status||Published - 2013|
|Event||TASA 2013: Reflections, Intersections and Aspirations - 50 years of Australian Sociology - Monash University, Melbourne, Australia|
Duration: 25 Nov 2013 → 28 Nov 2013
|Conference||TASA 2013: Reflections, Intersections and Aspirations - 50 years of Australian Sociology|
|Period||25/11/13 → 28/11/13|
CHESTERS, J. (2013). Neoliberalism and the Distribution of wealth from the core to the periphery. In N. Osbaldiston, C. Strong, & H. Forbes-Mewett (Eds.), 2013 Conference Proceedings : Reflections, Intersections and aspirations: 50 years of Australian Sociology (pp. 1-14). Melbourne: TAZA.