Poverty, Income Inequality and Development

Clement Tisdell

Chapter 6 in Economic Development in the Context of China, 1993, pp 84-100 from Palgrave Macmillan

Abstract: Abstract Poverty and income inequality exist in all countries. While poverty does occur amongst plenty in more developed countries because incomes, resources and opportunities are unevenly distributed, the incidence of poverty tends to be higher in underdeveloped countries, that is, in countries where average income per head is low. While the saying that ‘the poor are always with us’ has some value in that it reminds us of the poor, it can become an excuse for lack of concern and action in as much as it suggests that the existence of poverty is a fact of life and little can be done about it. In fact much poverty can be eliminated by appropriate economic policies, even though they often require time to become effective.

Keywords: Economic Growth; Income Inequality; Capita Income; Income Distribution; Absolute Poverty (search for similar items in EconPapers)
Date: 1993
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-38018-9_6

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DOI: 10.1057/9780230380189_6

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