Regardless of the importance of growth, there are still some reasons to have a closer look at the “equity-growth-relation”. This will be shown in section 2. In some cases the issue of inequality might be neglected because it does not hinder but rather stimulate economic growth. The poor...

In order to qualify economic growth as 'pro-poor', at least per capita income-growth rates of the poor should be larger than the corresponding growth-rates of the non-poor resulting in a lower degree of distributional inequality. Measured in this sense, economic growth in South- Eastern Europe...