Inequalities and Growth in the Southern African Customs Union (SACU) Region:
This paper applies the work of Berg and Ostry (2011) to the SACU region, to identify how inequalities have played a role in growth in each of these countries, and elaborates policy options to mitigate the effects of inequalities and foster growth. Lower income inequalities could lead to significant...
Gespeichert in:
1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2012
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Schriftenreihe: | IMF Working Papers
Working Paper No. 12/290 |
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 paper applies the work of Berg and Ostry (2011) to the SACU region, to identify how inequalities have played a role in growth in each of these countries, and elaborates policy options to mitigate the effects of inequalities and foster growth. Lower income inequalities could lead to significant gains, as SACU countries could almost double the duration of their growth periods, with much lower inequalities. While reducing inequalities may be desirable, the design of policies to achieve such objective is not trivial. Policies targeting income inequalities at the sources are expected to be the most effective to reduce inequalities and promote growth. However, direct redistribution, if carefully crafted can also be very effective in reducing inequalities while limiting its potentially negative impact on growth |
Beschreibung: | 1 Online-Ressource (22 p) |
ISBN: | 1616359382 9781616359386 |
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spelling | Basdevant, Olivier Verfasser aut Inequalities and Growth in the Southern African Customs Union (SACU) Region Basdevant, Olivier Washington, D.C International Monetary Fund 2012 1 Online-Ressource (22 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 12/290 This paper applies the work of Berg and Ostry (2011) to the SACU region, to identify how inequalities have played a role in growth in each of these countries, and elaborates policy options to mitigate the effects of inequalities and foster growth. Lower income inequalities could lead to significant gains, as SACU countries could almost double the duration of their growth periods, with much lower inequalities. While reducing inequalities may be desirable, the design of policies to achieve such objective is not trivial. Policies targeting income inequalities at the sources are expected to be the most effective to reduce inequalities and promote growth. However, direct redistribution, if carefully crafted can also be very effective in reducing inequalities while limiting its potentially negative impact on growth Online-Ausg Benicio, Dalmacio Sonstige oth Yakhshilikov, Yorbol Sonstige oth http://elibrary.imf.org/view/IMF001/20139-9781616359386/20139-9781616359386/20139-9781616359386.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Basdevant, Olivier Inequalities and Growth in the Southern African Customs Union (SACU) Region |
title | Inequalities and Growth in the Southern African Customs Union (SACU) Region |
title_auth | Inequalities and Growth in the Southern African Customs Union (SACU) Region |
title_exact_search | Inequalities and Growth in the Southern African Customs Union (SACU) Region |
title_exact_search_txtP | Inequalities and Growth in the Southern African Customs Union (SACU) Region |
title_full | Inequalities and Growth in the Southern African Customs Union (SACU) Region Basdevant, Olivier |
title_fullStr | Inequalities and Growth in the Southern African Customs Union (SACU) Region Basdevant, Olivier |
title_full_unstemmed | Inequalities and Growth in the Southern African Customs Union (SACU) Region Basdevant, Olivier |
title_short | Inequalities and Growth in the Southern African Customs Union (SACU) Region |
title_sort | inequalities and growth in the southern african customs union sacu region |
url | http://elibrary.imf.org/view/IMF001/20139-9781616359386/20139-9781616359386/20139-9781616359386.xml |
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