On Pro-Middle Class Growth

Osnat Peled; Jacques Silber

doi:10.1007/978-981-13-7944-4_6

On Pro-Middle Class Growth

Osnat Peled, Jacques Silber

Research output: Chapter in Book/Report/Conference proceeding › Chapter › peer-review

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Abstract

Is economic growth a sufficient condition for reducing poverty or should governments enact policies that fight poverty? As stressed by Kakwani and Son (forthcoming), in the 1950s and 1960s development economists believed in the idea of “trickle-down” which assumes that even if growth is beneficial mainly to the rich, the poor will ultimately also profit from growth, once the wealthy spend their gains.

Original language	English
Title of host publication	Economic Studies in Inequality, Social Exclusion and Well-Being
Publisher	Springer
Pages	83-108
Number of pages	26
DOIs	https://doi.org/10.1007/978-981-13-7944-4_6
State	Published - 2019
Externally published	Yes

Publication series

Name	Economic Studies in Inequality, Social Exclusion and Well-Being
ISSN (Print)	2364-107X
ISSN (Electronic)	2364-1088

Bibliographical note

Publisher Copyright:
© 2019, Springer Nature Singapore Pte Ltd.

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1007/978-981-13-7944-4_6

Cite this

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On Pro-Middle Class Growth

Abstract

Publication series

Bibliographical note

UN SDGs

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