Inequality, Employment and Public Policy
S. Mahendra Dev ()
Additional contact information
S. Mahendra Dev: Indira Gandhi Institute of Development Research
The Indian Journal of Labour Economics, 2018, vol. 61, issue 1, 1-42
Abstract This paper examines dimensions of inequality including labour market inequalities and discusses public policies needed for reduction in inequalities. It discusses both inequality of outcomes and inequality of opportunities. In terms of income, India is the second most unequal country in the world after South Africa. Wealth inequalities are also high in India. Most of the inequalities will have a labour market dimension. Labour market inequalities can be found across sectors, wages and earnings, quality of work, labour market access and between organised and unorganised sectors. On public policies and inequalities, the paper discusses redistribution measures, macro-policies, sectoral policies and impact on employment, social policies such as education, health, hunger and malnutrition, social protection, corruption, gender disparities and climate change. The paper argues for fundamental changes to human capital and universal basic services. Investments in social infrastructure, health, education, affirmative action and provision of public services can lead to the creation of an egalitarian society.
Keywords: Inequality of outcomes; Inequality of opportunities; Consumption; Income; Wealth; Labour market; Wage inequality; Fiscal policy; Monetary policy; Trade policy; Human capital; Health; Education; Informal sector; Inclusive growth; Corruption; Gender; Climate change (search for similar items in EconPapers)
JEL-codes: D63 E24 J28 (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://link.springer.com/10.1007/s41027-018-0122-7 Abstract (text/html)
Access to the full text of the articles in this series is restricted.
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:spr:ijlaec:v:61:y:2018:i:1:d:10.1007_s41027-018-0122-7
Ordering information: This journal article can be ordered from
Access Statistics for this article
The Indian Journal of Labour Economics is currently edited by Alakh Sharma
More articles in The Indian Journal of Labour Economics from Springer, The Indian Society of Labour Economics (ISLE) Contact information at EDIRC.
Bibliographic data for series maintained by Sonal Shukla ().