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The causal relationships between country-level economic development and inequality remain a matter of considerable debate and policy interest. This chapter contributes to the literature on this topic by presenting the results of short-run and long-run Granger causality tests in both directions....
Persistent link: https://www.econbiz.de/10012901947
Persistent link: https://www.econbiz.de/10011748540
Development paradigms offer competing theories on the drivers of structural transformation. Most of the analysis has so far focused on the economic factors with little emphasis placed on either the social or environmental dimensions of sustainable development. Furthermore, there has been little...
Persistent link: https://www.econbiz.de/10012869279
This paper examines whether rising income inequality is the stylised fact for the process of structural transformation by revisiting classical accounts on the transformation-inequality nexus, with a particular focus on Kuznets's and Rostow's theories of development and Rawls's difference...
Persistent link: https://www.econbiz.de/10012934100
The adoption of the 2030 Agenda for Sustainable Development by the United Nations General Assembly in 2015 has refocused global attention on the centrality of sustainability to the development discourse. Meanwhile, African countries are prioritizing structural transformation in their national...
Persistent link: https://www.econbiz.de/10012935253