Distribution and Development : a New Look at the Developing World.

Format:

Book

Author/Creator:

Fields, Gary S., author.

Language:

English

Subjects (All):

Income distribution--Developing countries.

Income distribution.

Developing countries.

Poverty--Developing countries.

Poverty.

Developing countries--Economic conditions.

Economic conditions.

Physical Description:

1 online resource (271 pages)

Place of Publication:

Cambridge : MIT Press, 2015.

System Details:

text file

Summary:

Most of the world's people live in "developing" economies, as do most of the world's poor. The predominant means of economic development is economic growth. In this book Gary Fields asks to what extent and in what circumstances economic growth improves the material standard of living of a country's people. Most development economists agree that economic growth raises the incomes of people in all parts of the income distribution and lowers the poverty rate. At the same time, some groups lose out because of changes accompanying economic growth. Fields examines these beliefs, asking what variables should be measured to determine whether progress is being made and what policies and circumstances cause some countries to do better than others. He also shows how the same data can be interpreted to reach different, even conflicting, conclusions. Using both theoretical and empirical approaches, Fields defines and examines inequality, poverty, income mobility, and economic well-being. Finally, he considers various policies for broad-based growth. Copublished with the Russell Sage Foundation.

Notes:

OCLC-licensed vendor bibliographic record.

ISBN:

9780262272605

0262272601

OCLC:

923251559

Access Restriction:

Restricted for use by site license.