Economic Growth and Income Inequality in China, India and Singapore

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Release : 2017-07-05
Genre : Business & Economics
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Book Rating : 906/5 ( reviews)

Economic Growth and Income Inequality in China, India and Singapore - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Economic Growth and Income Inequality in China, India and Singapore write by Pundarik Mukhopadhaya. This book was released on 2017-07-05. Economic Growth and Income Inequality in China, India and Singapore available in PDF, EPUB and Kindle. The world at large is watching both China and India as powerhouses of economic growth. The two nations have achieved significantly high rates of economic growth ever since their respective economies liberalized in 1978 and 1991. Singapore, despite its limited land size and almost total dependence on external trade, has performed remarkably well and has moved from the third world to the first. This book documents and explains the rapid economic growth of the three key Asian economies.The book also looks at what has happened to income inequality in the context of superior growth performance. It makes comparative assessments and examines the implications for the three nations. Since free markets have nothing in them to produce a reduction in income inequality among persons/households, one must at best hope for equality of opportunity notably reflected in identical schooling for all; identical health care for all; and minimal rather than vulgar inequality in housing. This book is particularly useful for both China and India which may wish to study and learn from Singapore in regard to the policies, programmes and projects aimed at ensuring equality of opportunity. The book is backed by considerable expertise on the part of the researchers, with demonstrated expertise through their publications spawning a few decades. It is invaluable to those who are concerned with designing policies for developing countries aimed at rapid and inclusive economic growth.This book has been made possible by the intellectual and financial support extended by the Global Asia Institute, National University of Singapore.

Economic Growth and Income Disparity in BRIC

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Release : 2013
Genre : Business & Economics
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Book Rating : 928/5 ( reviews)

Economic Growth and Income Disparity in BRIC - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Economic Growth and Income Disparity in BRIC write by Monica Das. This book was released on 2013. Economic Growth and Income Disparity in BRIC available in PDF, EPUB and Kindle. It is not necessarily true that such income transfers would invariably reduce growth rates. The relationship between economic growth and income inequality depends on certain initial conditions. For instance, if the initial distribution of income is fairly unequal, growth induces greater equality. On the other hand, at high levels of per capita incomes, growth may raise inequality if the initial level of inequality is not very high. This brings a new dimension in the "inverted-U hypothesis." Based on econometric modeling of growth-inequality nexus, the book examines the patterns of growth and economic disparities in BRIC countries over long periods of time, including the recent high growth phase. Two inequality measures applied in this study are Gini coefficient and Theil's entropy measures, depending on data availability. Attempts have been made to identify the sources of inequality and the role of initial conditions in determining the patterns of development.

"Economic Growth and Income Inequality in China, India and Singapore "

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Author :
Release : 2017-07-05
Genre : Business & Economics
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Book Rating : 892/5 ( reviews)

"Economic Growth and Income Inequality in China, India and Singapore " - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook "Economic Growth and Income Inequality in China, India and Singapore " write by Pundarik Mukhopadhaya. This book was released on 2017-07-05. "Economic Growth and Income Inequality in China, India and Singapore " available in PDF, EPUB and Kindle. The world at large is watching both China and India as powerhouses of economic growth. The two nations have achieved significantly high rates of economic growth ever since their respective economies liberalized in 1978 and 1991. Singapore, despite its limited land size and almost total dependence on external trade, has performed remarkably well and has moved ?from the third world to the first?. This book documents and explains the rapid economic growth of the three key Asian economies.The book also looks at what has happened to income inequality in the context of superior growth performance. It makes comparative assessments and examines the implications for the three nations. Since free markets have nothing in them to produce a reduction in income inequality among persons/households, one must at best hope for equality of opportunity ? notably reflected in identical schooling for all; identical health care for all; and minimal rather than vulgar inequality in housing. This book is particularly useful for both China and India which may wish to study and learn from Singapore in regard to the policies, programmes and projects aimed at ensuring equality of opportunity. The book is backed by considerable expertise on the part of the researchers, with demonstrated expertise through their publications spawning a few decades. It is invaluable to those who are concerned with designing policies for developing countries aimed at rapid and inclusive economic growth.This book has been made possible by the intellectual and financial support extended by the Global Asia Institute, National University of Singapore.

Demystifying Rising Inequality in Asia

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Release : 2019-01-29
Genre : Business & Economics
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Book Rating : 015/5 ( reviews)

Demystifying Rising Inequality in Asia - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Demystifying Rising Inequality in Asia write by Bihong Huang. This book was released on 2019-01-29. Demystifying Rising Inequality in Asia available in PDF, EPUB and Kindle. Income inequality is one of the most profound social, economic, and political challenges of our time. The gap between the rich and the poor has been regarded as a major concern for policy makers. This gap is at its highest level in decades for developed economies, while the inequality trend has been rising in many developing countries. In Asia, despite recent economic growth, income distribution has been worsening as well. This book contributes to the existing literature on inequality in Asia by focusing on three broad themes, corresponding to three parts of the volume. Part I offers an overview of inequality in Asia, Part II focuses on the drivers of rising inequality in Asia, and Part III presents country case studies.

Income Inequality

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Release : 2015-12-21
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Book Rating : 003/5 ( reviews)

Income Inequality - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Income Inequality write by Brian Keeley. This book was released on 2015-12-21. Income Inequality available in PDF, EPUB and Kindle. Income inequality is rising. A quarter of a century ago, the average disposable income of the richest 10% in OECD countries was around seven times higher than that of the poorest 10%; today, it's around 9½ times higher. Why does this matter? Many fear this widening gap is hurting individuals, societies and even economies. This book explores income inequality across five main headings. It starts by explaining some key terms in the inequality debate. It then examines recent trends and explains why income inequality varies between countries. Next it looks at why income gaps are growing and, in particular, at the rise of the 1%. It then looks at the consequences, including research that suggests widening inequality could hurt economic growth. Finally, it examines policies for addressing inequality and making economies more inclusive.