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Despite the rapid economic growth and poverty reduction, inequality in Asia worsened during last two decades. We focus on the determinants of growth inclusiveness and suggest options for reform. A cross cross-country empirical analysis suggests that fiscal redistribution, monetary policy aimed...
Persistent link: https://www.econbiz.de/10011242240
The 2030 Agenda for Sustainable Development places equality and sustainability at the centre of policy agendas. Nowadays, socially inclusive and environmentally sustainable economic growth is a central priority of public policy for most governments worldwide. Based on the theoretical and...
Persistent link: https://www.econbiz.de/10012799028
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A growing concern on widening income gap between the rich and the poor, the policy mismatch in tackling the relative poverty and income inequality have invited increasing volumes of research focusing on the nexus between equity and efficient growth. Developed countries have experienced the...
Persistent link: https://www.econbiz.de/10010345543
While the Philippines has had a new economic growth trajectory in recent years, the country has had little progress in reducing poverty and in making growth more inclusive. This paper examines trends in macroeconomic statistics, and the progress government has had in its Philippine Development...
Persistent link: https://www.econbiz.de/10011448562
Despite rising interest in income inequality, scholars remain divided over the mechanisms most amenable to inclusive income growth, how these mechanisms vary across country, and the trade-offs between levels and inclusivity of growth. This study introduces the concept of national growth...
Persistent link: https://www.econbiz.de/10012294135
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Background: Since the latter part of the 20th Century, countries have been particularly challenged by the trade-off that exists between delivering generous welfare provisions and strong economic growth. Such dynamics have stimulated a need to better understand the causes of income inequality so...
Persistent link: https://www.econbiz.de/10012025364
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