1 option
Growth and Inequality.
- Format:
- Video
- Series:
- Macroeconomics for a Sustainable Planet
- Language:
- English
- Subjects (All):
- Economics.
- Economic conditions.
- Education.
- Financial investments.
- Labor laws.
- Income.
- Economic development.
- United States.
- China.
- Local Subjects:
- Economics.
- Economic conditions.
- Education.
- Financial investments.
- Labor laws.
- Income.
- Economic development.
- United States.
- China.
- Genre:
- Lecture/presentation
- Physical Description:
- 1 online resource (7 minutes)
- Place of Publication:
- New York, NY : SDG Academy, 2017.
- Language Note:
- In English.
- Original language in English.
- System Details:
- video file
- Summary:
- This video focuses on growth and inequality, and more specifically, the Kuznets Curve, in order to show the relationship between income per capita and inequality. Kuznets suggested that the relationship has an inverted U-shape. In the final stages of a country’s development, he argued, inequality would increase; after a certain point, however, inequality would decrease. This curve, and the points in question, are different for each country. The rise of inequality has had political consequences in some rich countries like the United States. Reduced inequality may stimulate growth because of reduced social conflict. Education is one way to reduce inequality.
- Notes:
- Title from resource description page (viewed June 24, 2026).
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