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Stuck in the Middle

Is Fiscal Policy Failing the Middle Class?

Edited by Antonio Estache and Danny M. Leipziger

Stuck in the Middle examines both economic and social public policy initiatives in its assertion that enhancing the welfare of people in developed and developing nations requires an explicit focus on the middle class.

Contents

Foreword

1. Overview: Fiscal Policy, Distribution, and the Middle Class

2. Stylized Facts on the Middle Class and the Development Process

3. The Future of Global Income Inequality

4. The Scope and Limits of Subsidies

5. Policies for Lower Global Wealth Inequality

6. Can Happiness Research Help Fiscal Policy?

7. The Politics of Effective and Sustainable Redistribution

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