Branko Milanović (born 24 October 1953 in Paris, France) is a Lead economist in the World Bank's research department in the unit dealing with poverty and inequality and a senior associate at the Carnegie Endowment for International Peace, in Washington, D.C..
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Milanović received a MSc from Florida State University and a Ph.D. in economics from the University of Belgrade Faculty of Economics in 1987.
Milanović focuses on the issues of globalization, income distribution, and democracy. Previously, he worked as World Bank country economist for Poland from 1988 to 1991 and research fellow at the Institute of Economic Sciences in Belgrade, Yugoslavia from 1980 to 1983 and from 1986 to 1988. Between 1996 and 2007, he has served as an adjunct professor of Economics of at the School for Advanced International Studies, Johns Hopkins University. Since 2007, he is an adjunct professor at the School for Public Policy, University of Maryland at College Park.
He is an expert in income distribution (inequalities within nations and globally), economies in transition, globalization and development.
Milanović has published several papers and books, mainly on world inequality and poverty. He is the author of the first work assessing global income inequality between individuals (Economic Journal, 2002). His 2005 book ("Worlds Apart") introduced three concepts of international or global inequality: unweighted inequality between mean country incomes, population-weighted inequality between mean country incomes, and global income inequality between all individuals in the world. His concept of inequality possibility frontier, defined in a 2006 paper on inequality in Byzantium ("Review of Income and Wealth") and later expanded in joint work with Jeffrey Williamson and Peter Lindert is particularly useful in studies of inequality in pre-industrial societies.