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We review the literature on the links between inequality, growth and welfare. Three questions are addressed: 1) What is … the impact of growth and development on inequality? 2) What is the impact of inequality on growth, development and welfare …? 3) What is the impact of proequality public policies upon growth and welfare? As regards the first question, the …
Persistent link: https://www.econbiz.de/10011098375
implications for our understanding of inequality, poverty, inclusivity of growth and development, world economic welfare, and the … distribution has become more relatively equal due to falling inter-country relative inequality, and that by some measures global … poverty has declined greatly but by others it has hardly declined at all, even over the fifty years. The global middle class …
Persistent link: https://www.econbiz.de/10010516222
implications for our understanding of inequality, poverty, inclusivity of growth and development, world economic welfare, and the … distribution has become more relatively equal due to falling inter-country relative inequality, and that by some measures global … poverty has declined greatly but by others it has hardly declined at all, even over the fifty years. The global middle class …
Persistent link: https://www.econbiz.de/10010516605
implications for our understanding of inequality, poverty, inclusivity of growth and development, world economic welfare, and the … distribution has become more relatively equal due to falling inter-country relative inequality, and that by some measures global … poverty has declined greatly but by others it has hardly declined at all, even over the fifty years. The global middle class …
Persistent link: https://www.econbiz.de/10011274876
In cross-sectional studies, countries with greater income inequality typically exhibit less support for government …-led redistribution and greater acceptance of wage inequality (e.g., United States versus Western Europe). If individual nations evolve … along this pattern, a vicious cycle could form with reduced social concern amplifying primal increases in inequality due to …
Persistent link: https://www.econbiz.de/10012148202
extremely high despite the rapid growth of major developing countries such as China, India and Brazil. This makes inequality a …Inequality within advanced countries has returned to levels typical of a century ago. At the global level it remains … major economic issue, social problem and political challenge in today’s capitalism. However, economic inequality is the …
Persistent link: https://www.econbiz.de/10009204977
In this paper we offer an introductory exploration of inequality, considering how political economy has analysed … economic inequality. Its roots in market processes and in the functional distribution of income are investigated, considering … then consider the impact that public policies can have on inequalities through taxation, welfare expenditures, the …
Persistent link: https://www.econbiz.de/10008838272
This paper provides a robust normative evaluation of the spectacular growth episode that India has experienced in the last 15 years. Specifically, the paper compares the evolution, between 1998, 1996 and 2001 of the distribution of several important individual attributes on the basis of...
Persistent link: https://www.econbiz.de/10004969042
program’s impact on output, human capital, poverty and income inequality. I also study its welfare implications and its … this anti-poverty program helps to reduce the intergenerational transmission of poverty. In aggregate terms the welfare … channel, induces a consistent reduction of both poverty and income inequality. …
Persistent link: https://www.econbiz.de/10011106110
program’s impact on output, human capital, poverty and income inequality. I also study its welfare implications and its … this anti-poverty program helps to reduce the intergenerational transmission of poverty. In aggregate terms the welfare … channel, induces a consistent reduction of both poverty and income inequality. …
Persistent link: https://www.econbiz.de/10011106763