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welfare; 2) Growing GDP is pointless since most people don't benefit; 3) Raising GDP per capita is pointless as it doesn …Should raising the growth rate of GDP per capita be a policy goal of governments in general, and of the British … government in particular? Many people would say no, for the following reasons: 1) GDP is hopelessly flawed as a measure of …
Persistent link: https://www.econbiz.de/10010702077
Persistent link: https://www.econbiz.de/10009619216
This paper makes use of the 2006 Gallup World Survey, which includes opinions on satisfaction with various aspects of life in 130 countries. Although a very solid relationship is found between satisfaction and income (both across and within countries), raising doubts regarding the well-known...
Persistent link: https://www.econbiz.de/10010278209
In a majority of OECD countries, GDP growth over the past three decades has been associated with growing income … long-run impact of structural reforms on GDP per capita and household income distribution. Pro-growth reforms can be … distinguished according to whether they are found to generate an increase or a reduction in household disposable income inequality …
Persistent link: https://www.econbiz.de/10011098129
An imperative need has arisen to provide a Constructive push to the President Bush. American population, Corporate units, Expatriates and all nations with their currency related to US $, are not happy in the current $ dipping situation. Even the currencies of poor nations are galloping upward in...
Persistent link: https://www.econbiz.de/10005556940
Since the end of the 1970s, the United States has seen a dramatic increase in economic inequality. While the United … circumstances but is the direct result of a set of policies designed first and foremost to increase inequality. …
Persistent link: https://www.econbiz.de/10008545818
Since 1994, a great deal has been accomplished. We argue that poverty reduction was temporarily sidelined in the 2000s. A series of shocks, especially the fuel and food price crisis of 2008, combined with poor productivity growth in agriculture and a weather shock, undermined progress in...
Persistent link: https://www.econbiz.de/10011418642
The current trends in the capital/labor split and the impacts thereof on the growth of inequality are one of the main … world least inequality). Then statistically significant implications for the growth of inequality are derived and some …
Persistent link: https://www.econbiz.de/10011685181
The inequality growth during the last quarter century is explained as caused by a decreasing labor-labor exchange rate …, Japan, United Kingdom and United States) and Denmark (known for the world least inequality). Finally, it is shown that the … dependence between the degree of inequality and the degree of decline of the labor-labor exchange rate is statistically highly …
Persistent link: https://www.econbiz.de/10011438708
, allowing an understanding of growth and inequality in the region. The region has experienced Ø- and σ-convergence …
Persistent link: https://www.econbiz.de/10012424163