An extensive literature on poverty traps suggests that high levels of poverty deter growth. However, a seemingly basic implication of the underlying theoretical models, namely that countries suffering from higher levels of poverty should grow less rapidly, has remained untested. A parallel literature has suggested a variety of mechanisms through which inequality may affect growth in opposing directions. Because inequality and poverty are different...
Подробнее
ПОДРОБНАЯ ИНФОРМАЦИЯ
-
2018/09/06
-
Рабочий документ в рамках исследования вопросов политики
-
WPS8578
-
1
-
1
-
2018/09/06
-
Disclosed
-
Growth, Inequality, and Poverty : A Robust Relationship?
-
effect of inequality on growth