Explain the relationship between growth and inequality, Financial Management

Assignment Help:

While poverty reduction has become the main goal of development efforts, there is an on-going and sometimes heated debate about the elements that would be at the center of any sensible poverty reducing strategy. By definition, poverty reduction in a country is a function of the changes in average income and changes in income inequality. But this simple identity raises some obvious questions on what should be the right balance between pro-distribution and pro-growth interventions in a poverty strategy.

i) Describe the relative contribution of income growth and distributional changes to changes in poverty.

ii) Explain the relationship between growth and inequality.


Related Discussions:- Explain the relationship between growth and inequality

Finance, Ashok is to receive an amount of Rs. 15,00,000 from his relative a...

Ashok is to receive an amount of Rs. 15,00,000 from his relative after 3 years. He wants to buy a house for which he wants the money to be paid now. His relative had al

Forward contracts, Forward Contracts: The origin of forward contracts i...

Forward Contracts: The origin of forward contracts is lost in history. Some authors suggest that, it was India where these contracts took birth, while some others suggest that

Brief of volatility of interest rate, Historically, three types o...

Historically, three types of shapes have been observed for the yield curve. The relative change in the yield for each treasury maturity is known as a

What are retained earnings, What are retained earnings?  Why are they impor...

What are retained earnings?  Why are they important? Retained earnings denote the sum of all the earnings obtainable to common stockholders of a business throughout its whole h

305, I have an assignment due today and needs some help

I have an assignment due today and needs some help

Determine the movements in working capital, Movements in working capital ...

Movements in working capital The year-end balances of trade, inventories and other receivables and payables are taken for current year-end as well as last year-end statement

Finance company vital role in investment intermediaries, How is the finance...

How is the finance company play a vital role in investment intermediaries? Finance companies: Finance companies make loans to corporations and individuals by giving consu

What are the main flaws of the profit maximisation criterion, What are the ...

What are the main flaws of the profit maximisation criterion The main technical flaws of this criterion are i) ambiguity, ii) quality of benefits and iii) timing of be

Role of banks in international trade transactions, Question 1 Internationa...

Question 1 International trade is the economic interaction among different nations involving the exchange of goods and services. Discuss the role of Banks in International Trade T

Profit and loss, how is financial management relevant to profit and loss?

how is financial management relevant to profit and loss?

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd