Inequality and unsustainable growth: two sides of the same coin?
This note raises the IMF's profile on a number of issues related to inequality, unemployment, governance, etc. It builds on earlier empirical work that examined correlations between growth downbreaks/duration of growth spells and a range of macro/policy/institutional factors. This paper is desi...
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| Hauptverfasser: | , |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, DC
Internat. Monetary Fund
2011
|
| Schriftenreihe: | IMF staff discussion note
2011/08 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | This note raises the IMF's profile on a number of issues related to inequality, unemployment, governance, etc. It builds on earlier empirical work that examined correlations between growth downbreaks/duration of growth spells and a range of macro/policy/institutional factors. This paper is designed to be more accessible, more policy oriented, and focused squarely on the issue of inequality and the sustainability of growth. It will reference the literature that has gained prominence in the wake of the global crisis, and the possible links between the crisis and rising inequality in countries at the epicenter of the crisis. The analytical findings will also be connected to real world policy narratives in certain countries, to provide texture to the results and enhance policy relevance. The paper will argue that, based on the empirical findings, more equality in the income distribution is associated with longer-lived growth spells. Broad redistributive policies are not necessarily pro-growth, however, as these can have strong disincentive effects. The paper's policy discussion is appropriately cautious, therefore, offering only tentative ideas, for example, active labor market policies and more attention to human capital investments designed to avoid conflicts between efficiency and equity perspectives |
| Beschreibung: | 1 Online-Ressource (20 Seiten) graph. Darst |
| Format: | Systemvoraussetzungen: Acrobat Reader |
| ISBN: | 9781463926564 |
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| id | DE-604.BV048341415 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T20:13:13Z |
| indexdate | 2024-07-10T09:35:20Z |
| institution | BVB |
| isbn | 9781463926564 |
| language | English |
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| record_format | marc |
| series2 | IMF staff discussion note |
| spelling | Berg, Andrew Verfasser (DE-588)170657132 aut Inequality and unsustainable growth two sides of the same coin? Andrew G. Berg and Jonathan D. Ostry Washington, DC Internat. Monetary Fund 2011 1 Online-Ressource (20 Seiten) graph. Darst txt rdacontent c rdamedia cr rdacarrier IMF staff discussion note 2011/08 This note raises the IMF's profile on a number of issues related to inequality, unemployment, governance, etc. It builds on earlier empirical work that examined correlations between growth downbreaks/duration of growth spells and a range of macro/policy/institutional factors. This paper is designed to be more accessible, more policy oriented, and focused squarely on the issue of inequality and the sustainability of growth. It will reference the literature that has gained prominence in the wake of the global crisis, and the possible links between the crisis and rising inequality in countries at the epicenter of the crisis. The analytical findings will also be connected to real world policy narratives in certain countries, to provide texture to the results and enhance policy relevance. The paper will argue that, based on the empirical findings, more equality in the income distribution is associated with longer-lived growth spells. Broad redistributive policies are not necessarily pro-growth, however, as these can have strong disincentive effects. The paper's policy discussion is appropriately cautious, therefore, offering only tentative ideas, for example, active labor market policies and more attention to human capital investments designed to avoid conflicts between efficiency and equity perspectives Systemvoraussetzungen: Acrobat Reader Ostry, Jonathan David 1962- Verfasser (DE-588)133068471 aut http://elibrary.imf.org/view/IMF006/11692-9781463926564/11692-9781463926564/11692-9781463926564.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Berg, Andrew Ostry, Jonathan David 1962- Inequality and unsustainable growth two sides of the same coin? |
| title | Inequality and unsustainable growth two sides of the same coin? |
| title_auth | Inequality and unsustainable growth two sides of the same coin? |
| title_exact_search | Inequality and unsustainable growth two sides of the same coin? |
| title_exact_search_txtP | Inequality and unsustainable growth two sides of the same coin? |
| title_full | Inequality and unsustainable growth two sides of the same coin? Andrew G. Berg and Jonathan D. Ostry |
| title_fullStr | Inequality and unsustainable growth two sides of the same coin? Andrew G. Berg and Jonathan D. Ostry |
| title_full_unstemmed | Inequality and unsustainable growth two sides of the same coin? Andrew G. Berg and Jonathan D. Ostry |
| title_short | Inequality and unsustainable growth |
| title_sort | inequality and unsustainable growth two sides of the same coin |
| title_sub | two sides of the same coin? |
| url | http://elibrary.imf.org/view/IMF006/11692-9781463926564/11692-9781463926564/11692-9781463926564.xml |
| work_keys_str_mv | AT bergandrew inequalityandunsustainablegrowthtwosidesofthesamecoin AT ostryjonathandavid inequalityandunsustainablegrowthtwosidesofthesamecoin |