Tuesday, 7 December 1999

From "Globalization, Growth and Distribution: Framing the Questions"

By Ravi Kanbur, p. 5.

[...] Of course if growth is accompanied by an increase in inequality, the effect on poverty is ambiguous and depends on the relative strength of the two forces. Finally, notice that even if inequality does not change, the initial level of inequality will affect the impact of growth on poverty—intuitively, the more unequal the distribution to which a given growth rate is applied, the lower will be the impact on poverty reduction [...]

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