publication . Research . 2001

Income distribution policies for faster poverty reduction

Addison, Tony; Cornia, Giovanni Andrea;
Open Access English
  • Published: 01 Jan 2001
  • Publisher: Helsinki: The United Nations University World Institute for Development Economics Research (UNU-WIDER)
Abstract
Inequality has risen in many countries over the last two decades, especially in the transition economies, but also in many developing and developed economies. This is disturbing since little progress can be made in poverty reduction when inequality is high and rising. Moreover, contrary to earlier theories of development, high inequality tends to reduce economic growth, and therefore poverty reduction through growth. This paper finds evidence of a concave relationship between inequality and growth: growth can be low (or negative) at low levels of inequality (due to disincentive effects) and low (or negative) at high levels of inequality (due, for instance, to th...
Subjects
free text keywords: D30, I30, O15, income inequality, poverty reduction, economic growth, social conflict, Einkommensverteilung, Armut, Wirtschaftswachstum, Sozialer Konflikt, Welt, Entwicklungsländer, ddc:330
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Research . 2001
Provider: EconStor
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