Distributional Inequity in International Comparative Perspective: Causes and Consequences
Kwan S. Kim
Chapter 11 in Development Economics and Policy, 1998, pp 185-229 from Palgrave Macmillan
Abstract:
Abstract Although many conventional economists continue to believe that economic growth, particularly when sufficiently rapid, will improve the distribution of income, an increasing number of them argue that inequality follows growth, which can in turn hamper further growth.2 Professor Hans Singer was among the earlier critics who pointed out that rapid growth alone cannot be relied on to reduce income inequality or to reduce poverty in developing countries. A growth strategy is seen possibly to increase the extent of poverty. Therefore, there is a need for a strategy for redistribution from growth during the process of economic growth in developing countries.
Keywords: Income Inequality; Income Distribution; Latin American Country; International Perspective; Income Share (search for similar items in EconPapers)
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-26769-9_11
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DOI: 10.1007/978-1-349-26769-9_11
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