Inequality and Growth: Theory and Policy Implications (CESifo Seminar Series) by Theo S. Eicher
English | June 20, 2003 | ISBN: 0262050692 | 342 Pages | PDF | 10 MB
Even minute increases in a country's growth rate can result in dramatic changes in living standards over just one generation. The benefits of growth, however, may not be shared equally. Some may gain less than others, and a fraction of the population may actually be disadvantaged.