Income, Equality, and Economic Development

2020 ◽  
Author(s):  
Alvaro Montenegro
2014 ◽  
Vol 59 (01) ◽  
pp. 1450006
Author(s):  
SUSUMU HONDAI

Indonesia has done remarkably well in the areas of both economic growth and poverty reduction. However, the economic situations differ significantly among Indonesian provinces. Some provinces have already developed well, while the rest have been left behind. The variation in the situations will generate a synthetic long-run time series data of economic development as a whole and enable us to find out when income equality starts to improve in a course of economic development.


Asian Survey ◽  
2017 ◽  
Vol 57 (3) ◽  
pp. 450-474 ◽  
Author(s):  
Jinrui Xi

The Chinese government inspects villages to encourage economic development and foster income equality. It is thus more likely to inspect model villages, villages hosting investments, and poorer villages. Empirical tests with data from 961 Chinese villages confirm these propositions. Villages with investments and villages with poverty attract the most inspections.


2013 ◽  
Vol 1 (1) ◽  
pp. 69-76
Author(s):  
Bharat Gahlot ◽  
Akanksha Dubey

In this paper we provide an analytical view of the effect of income inequality over economic development even in the charisma of continuous economic growth. In the beginning a detailed discussion has been done regarding the differences between economic growth and development.Ours is a developing economy with a continuous rise in GDP. However due to unequal distribution of income, the economy has not been able to witness economic development on an overall basis. An introduction is given regarding the HDI, the ultimate measure of economic development. This paper also proves the fact that economic development is possible only if there is equality in the distribution of income.In our study we have included a number of facts and figures to conclude that income equality is a precondition for economic development. At the end, few suggestions are given as to how we can overcome this problem and promote economic development.


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