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This paper explores the question of structural transformation and income distribution through the eyes of the pioneer in such analysis, Simon Kuznets. It argues that his 1955 paper stands the test of time in providing insights which are relevant to understanding current phenomena like the...
Persistent link: https://www.econbiz.de/10011811420
Urban concentration differs across countries. One determinant of these differences is economic development, which first increases and subsequently decreases urban concentration. I condition the degree of urban concentration on the potential of countries to develop a balanced urban system. These...
Persistent link: https://www.econbiz.de/10010275324
The effects of inequality on economic growth depend on several factors. On one hand, they depend on the time horizon considered, on the initial level of income and on its initial distribution. But, on the other hand, as growth and inequality are also uneven across space, it also seems relevant...
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Agriculture renaissance means the renewed understanding and recommitment to the fundamental role of agriculture in the development process. Operationally it implies different approaches at the country level based on the stage of development. For the least developed countries of the world, it...
Persistent link: https://www.econbiz.de/10014024045
In this paper we revisit the relationship between democracy, redistribution, and inequality. We first explain the theoretical reasons why democracy is expected to increase redistribution and reduce inequality, and why this expectation may fail to be realized when democracy is captured by the...
Persistent link: https://www.econbiz.de/10014025324