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On Pro-Middle Class Growth

  • Osnat Peled
  • , Jacques Silber
  • Bank of Israel
  • Luxembourg Institute of Socio-Economic Research
  • Tuscan Interuniversity Centre

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

1 Scopus citations

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 languageEnglish
Title of host publicationEconomic Studies in Inequality, Social Exclusion and Well-Being
PublisherSpringer
Pages83-108
Number of pages26
DOIs
StatePublished - 2019
Externally publishedYes

Publication series

NameEconomic 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)

  1. SDG 8 - Decent Work and Economic Growth
    SDG 8 Decent Work and Economic Growth

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