Inequality is bad for the poor Ravallion, Martin

By: Material type: TextTextSeries: Policy Research Working Paper, no. 3677Publication details: Washington, D.C. World Bank 2005Description: 50 pSubject(s): DDC classification:
  • 339.2
Summary: "3It 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. ""--World Bank web site."
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Item type Current library Call number Status Date due Barcode Item holds
Book Book Ahmedabad 339.2 R2I6 (Browse shelf(Opens below)) Available 162332
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Includes bibliographical references.

"3It 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. ""--World Bank web site."

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