International Policy Rules and Inequality

José Antonio Ocampo is codirector of Banco de la República, Colombia’s central bank, as well as a professor in the School of International and Public Affairs (on leave for public service) and copresident of the Initiative for Policy Dialogue at Columbia University. He formerly held a number of positions with the United Nations and the government of Colombia. His books with Columbia University Press include Too Little, Too Late: The Quest to Resolve Sovereign Debt Crises (2016) and The Welfare State Revisited (2018).

• 1. International Policy Rules and Inequality: Implications for Global Economic Governance, by José Antonio Ocampo2. National Inequalities and the Political Economy of Global Financial Reform, by Eric Helleiner3. Are New Economic Policy Rules Desirable to Mitigate Rising National Inequalities?, by Jonathan D. Ostry, Prakash Loungani, and Davide Furceri4. The Impact of Foreign Investor Protections on Domestic Inequality, by Manuel F. Montes5. Investment Treaties, Investor-State Dispute Settlement, and Inequality: How International Rules and Institutions Can Exacerbate Domestic Disparities, by Lise Johnson and Lisa Sachs6. Capital Openness and Income Inequality: Smooth Sailing or Troubled Waters?, by Kevin P. Gallagher, Guillermo Lagarda, and Jennifer Linares7. Intellectual Property: A Regulatory Constraint to Redress Inequalities, by Carlos M. Correa8. The Frustrated TPP and New Challenges for the Global Governance of Trade and Investment, by Osvaldo Rosales9. The Effects of International Tax Competition on National Income Distribution, by Valpy FitzGerald and Erika Dayle SiuContributorsIndex

Existing structures of global economic governance–institutions and rules embedded in history–are inequitable. Such unfair rules produce unequal outcomes. This bold book, which challenges conventional wisdom, brings together engaging essays at the intersection of economics, politics, and law. It shows how these rules accentuate inequalities between and within countries. And it makes a most valuable contribution by suggesting reforms that are both desirable and feasible.