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While many have celebrated India's accelerating economic growth, some have expressed concern about the distributional impacts of the growth process. Cognizant of the vulnerability of its large population below poverty, India's authorities have made faster and more inclusive economic growth the...
Persistent link: https://www.econbiz.de/10005768877
Consumption in China is unusually low and has continued to decline as a share of GDP over the past decade. A key policy question is how to reverse this trend, and rebalance growth away from reliance on exports and investment and toward consumption. This paper investigates whether the sizable...
Persistent link: https://www.econbiz.de/10008561091
This note will describe recent trends in income inequality in both advanced and developing economies and how tax and expenditure policies have impacted on these trends. It will discuss how tax and expenditure policies should be designed to bring about a more equitable distribution of income, as...
Persistent link: https://www.econbiz.de/10010790477
This paper uses the 1991 Indian trade liberalization to measure the impact of trade liberalization on poverty, and to … examine the mechanisms underpinning this impact. Variation in sectoral composition across districts and liberalization … more exposed to liberalization were concentrated, experienced slower decline in poverty and lower consumption growth. The …
Persistent link: https://www.econbiz.de/10008671312