Inequality Is Bad for the Poor
It has been argued that inequality should be of little concern in poor countries on the grounds that 1) absolute poverty in terms of consumption (or income) is the overriding issue in poor countries and 2) the only thing that really matters to reducing absolute income poverty is the rate of economic growth. The author takes 1) as given but questions 2). He argues that there are a number of ways in which the extent of inequality in a society, and how it evolves over time, influences the extent of poverty today and the prospects for rapid poverty reduction in the future.
Saved in:
Main Author: | Ravallion, Martin |
---|---|
Language: | English |
Published: |
Washington, DC: World Bank
2005
|
Subjects: | World Development Report 2006, |
Online Access: | http://hdl.handle.net/10986/9141 |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
Similar Items
-
Migration and Inequality
by: Black, Richard, et al.
Published: (2005) -
Asset Inequality and Agricultural Growth: How Are Patterns of Asset Inequality Established and Reproduced?
by: Sabates-Wheeler, Rachel
Published: (2005) -
The Links between Finance and Inequality: Channels and Evidence
by: Claessens, Stijn, et al.
Published: (2005) -
Cash Transfers for Older People Reduce Poverty and Inequality
by: Barrientos, Armando
Published: (2004) -
What Can Economists Explain by Taking into Account People's Perceptions of Fairness? Punishing Cheats, Bargaining Impasse, and Self-Perpetuating Inequalities
by: Hoff, Karla
Published: (2005)