Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and … empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The … evidence suggests that growth can be effective in reducing poverty, but its impact on inequality is ambiguous and depends on …

This paper provides evidence of a strong relationship between the short-term dynamics of growth and inequality in … developing economies. We find that reductions in inequality during growth upswings are largely reversed during growth slowdowns … channel through which fluctuations in growth affect future dynamics in inequality. These findings suggest that both the …

market economy. Housing reform and rising income inequality also contribute to higher savings. Moving forward, demographic … inequality are also needed to reduce savings further and boost consumption …