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The Effects of Wealth and Gender Inequality on Economic Growth

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Release : 2002
Genre : Economic development
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis The Effects of Wealth and Gender Inequality on Economic Growth by : David Kucera

Download or read book The Effects of Wealth and Gender Inequality on Economic Growth written by David Kucera. This book was released on 2002. Available in PDF, EPUB and Kindle. Book excerpt:

Causes and Consequences of Income Inequality

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Release : 2015-06-15
Genre : Business & Economics
Kind : eBook
Book Rating : 437/5 ( reviews)

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Book Synopsis Causes and Consequences of Income Inequality by : Ms.Era Dabla-Norris

Download or read book Causes and Consequences of Income Inequality written by Ms.Era Dabla-Norris. This book was released on 2015-06-15. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.

Inequality, Gender Gaps and Economic Growth

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Release : 2016-06-08
Genre : Business & Economics
Kind : eBook
Book Rating : 34X/5 ( reviews)

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Book Synopsis Inequality, Gender Gaps and Economic Growth by : Ms.Dalia Hakura

Download or read book Inequality, Gender Gaps and Economic Growth written by Ms.Dalia Hakura. This book was released on 2016-06-08. Available in PDF, EPUB and Kindle. Book excerpt: A growing body of empirical evidence suggests that inequality—income or gender related—can impede economic growth. Using dynamic panel regressions and new time series data, this paper finds that both income and gender inequalities, including from legal gender-based restrictions, are jointly negatively associated with per capita GDP growth. Examining the relationship for countries at different stages of development, we find that this effect prevails mainly in lower income countries. In particular, per capita income growth in sub-Saharan Africa could be higher by as much as 0.9 percentage points on average if inequality was reduced to the levels observed in the fastgrowing emerging Asian countries. High levels of income inequality in sub-Saharan Africa appear partly driven by structural features. However, the paper’s findings show that policies that influence the opportunities of low-income households and women to participate in economic activities also matter and, therefore, if well-designed and targeted, could play a role in alleviating inequalities.

Gender Inequality and Economic Growth: Evidence from Industry-Level Data

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Release : 2020-07-03
Genre : Social Science
Kind : eBook
Book Rating : 279/5 ( reviews)

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Book Synopsis Gender Inequality and Economic Growth: Evidence from Industry-Level Data by : Ata Can Bertay

Download or read book Gender Inequality and Economic Growth: Evidence from Industry-Level Data written by Ata Can Bertay. This book was released on 2020-07-03. Available in PDF, EPUB and Kindle. Book excerpt: We study whether higher gender equality facilitates economic growth by enabling better allocation of a valuable resource: female labor. By allocating female labor to its more productive use, we hypothesize that reducing gender inequality should disproportionately benefit industries with typically higher female share in their employment relative to other industries. Specifically, we exploit within-country variation across industries to test whether those that typically employ more women grow relatively faster in countries with ex-ante lower gender inequality. The test allows us to identify the causal effect of gender inequality on industry growth in value-added and labor productivity. Our findings show that gender inequality affects real economic outcomes.

Excerpt: Women, Work, and Economic Growth

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Release : 2016-09-09
Genre : Social Science
Kind : eBook
Book Rating : 856/5 ( reviews)

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Book Synopsis Excerpt: Women, Work, and Economic Growth by : Ms.Kalpana Kochhar

Download or read book Excerpt: Women, Work, and Economic Growth written by Ms.Kalpana Kochhar. This book was released on 2016-09-09. Available in PDF, EPUB and Kindle. Book excerpt: This paper analyzes various linkages and interconnections between gender inequality and the macroeconomy. The prevalence of gender inequality, particularly the presence of gender gaps in the labor force and in economic opportunities, can weigh on and impede inclusive growth. The precise nature of gender gaps varies, but in the majority of countries there are differences between men and women in decision-making power, economic participation, access to opportunities, and social norms and expectations. The analysis shows that gender gaps in pay and in access to resources, occupations, and credit, among other things, not only have negative microeconomic effects on women but also imply large costs for the aggregate economy. Differences in economic outcomes may be a consequence of unequal opportunities and enabling conditions for men and women and for boys and girls. Raising female participation could provide an important boost to growth, but women face two hurdles in participating in the workforce in Japan.

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