
This Book Explores This Developer's Dilemma Or 'kuznetsian Tension' Between Structural Transformation And Income Inequality. Developing Countries Are Seeking Economic Development-i.e., Structural Transformation-which Is Inclusive In The Sense That It Is Broad-based And Raises The Income Of All, Especially The Poor. Thus, Inclusive Economic Growth Requires Steady Or Even Falling Income Inequality If It Is To Maximise The Growth Of Incomes At The Lower End Of The Distribution. Yet, This Is At Odds With Simon Kuznets' Hypothesis That Economic Development Tends To Put Upward Pressure On Income Inequality, At Least Initially And In The Absence Of Countervailing Policies. The Book Asks: What Are The Types Or 'varieties' Of Structural Transformation That Have Been Experienced In Developing Countries? What Inequality Dynamics Are Associated With Each Variety Of Structural Transformation? And What Policies Have Been Utilised To Manage Trade-offs Between Structural Transformation, Income Inequality, And Inclusive Growth? The Book Answers These Questions Using A Comparative Case Study Approach, Contrasting Nine Developing Countries While Employing A Common Analytical Framework And A Set Of Common Datasets Across The Case Studies. The Intended Intellectual Contribution Of The Book Is To Provide A Comparative Analysis Of The Relationship Between Structural Transformation, Income Inequality, And Inclusive Growth; To Do So Empirically At A Regional And National Level And To Draw Conclusions From The Cases On The Varieties Of St, Their Inequality Dynamics, And The Policies Have Been Employed To Mediate The Developer's Dilemma-- Provided By Publisher.
This book investigates the 'Kuznetsian tension' between the necessity of structural transformation for economic development and the resulting upward pressure on income inequality. The authors, a team of expert economists and researchers, utilize a comparative analytical framework to examine how developing nations navigate the trade-off between rapid industrialization and the goal of inclusive growth. By synthesizing empirical data from nine distinct national contexts, the text evaluates whether economic advancement inevitably requires a period of rising inequality or if policy interventions can decouple these two phenomena.
What You Will Find
Scope Limits
Experts identify this work as a rigorous contribution to development economics that successfully bridges the gap between theoretical Kuznetsian models and contemporary empirical realities. Readers frequently note the academic density of the prose, which makes it a suitable resource for graduate-level students and policy practitioners interested in the mechanics of inclusive growth.
Page Count:
0
Publication Date:
2022-01-01
Publisher:
Oxford University Press,
ISBN-10:
0192667564
ISBN-13:
9780191945427
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