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Why might there be a relationship between income distribution inequality and a country’s development?

User Alexandre Santos
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1 Answer

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27 votes

Answer:

Step-by-step explanation:

High levels of inequality reduce growth in relatively poor countries but encourage growth in richer countries. High levels of inequality reduce growth in relatively poor countries but encourage growth in richer countries, according to a recent paper by NBER Research Associate Robert Barro.

User Racso
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