Interrelation Between Growth and Inequality

Published By: Asian Development Bank | Published Date: August, 01 , 2015

The paper highlights the importance of “broad-based growth” as a framework to support economic growth and inclusiveness at the same time. Different countries show different dynamics between economic growth and inequality depending on diverse development, social, and economic contexts. If a growth pattern worsens inequality, renewed attention should be paid to curbing inequality. Those countries showing an inclusive growth pattern are encouraged to further promote growth with a lower risk of sacrificing equity.

Author(s): Jong Woo Kang | Posted on: Sep 07, 2015 | Views() | Download (479)

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