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This paper discusses the main challenges faced by resource-rich nations in promoting equity; describes policy tools available for managing exhaustible natural resources; and analyzes the relationship between resource wealth and state fragility. It is argued that human capital accumulation,...
Persistent link: https://www.econbiz.de/10012604778
The COVID-19 pandemic risks exacerbating inequality in Asia. High frequency labor surveys show that the pandemic is … to increase inequalities. As a result, income inequality, which was already high and rising in Asia before the pandemic …
Persistent link: https://www.econbiz.de/10012392069
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 …
Persistent link: https://www.econbiz.de/10012001589