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Inequality and growth: theory and policy implications

Contributor(s): Material type: TextTextSeries: The CESifo seminar series no. 1Publication details: London The MIT Press 2003 Description: xiii, 327 pISBN:
  • 9780262050692
Subject(s): DDC classification:
  • 339.2
Summary: Even minute increases in a country's growth rate can result in dramatic changes in living standards over just one generation. The benefits of growth, however, may not be shared equally. Some may gain less than others, and a fraction of the population may actually be disadvantaged. Recent economic research has found both positive and negative relationships between growth and inequality across nations. The questions raised by these results include: What is the impact on inequality of policies designed to foster growth? Does inequality by itself facilitate or detract from economic growth, and does it amplify or diminish policy effectiveness?This book provides a forum for economists to examine the theoretical, empirical, and policy issues involved in the relationship between growth and inequality.
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Item type Current library Item location Shelving location Call number Status Date due Barcode
Books Vikram Sarabhai Library Rack 24-A / Slot 1044 (0 Floor, East Wing) General Stacks 339.2 I63 (Browse shelf(Opens below)) Available 158921

Even minute increases in a country's growth rate can result in dramatic changes in living standards over just one generation. The benefits of growth, however, may not be shared equally. Some may gain less than others, and a fraction of the population may actually be disadvantaged. Recent economic research has found both positive and negative relationships between growth and inequality across nations. The questions raised by these results include: What is the impact on inequality of policies designed to foster growth? Does inequality by itself facilitate or detract from economic growth, and does it amplify or diminish policy effectiveness?This book provides a forum for economists to examine the theoretical, empirical, and policy issues involved in the relationship between growth and inequality.

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