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International Income Inequality and per capita Income Rates of Growth A CrossSection Analysis

International Income Inequality and per capita Income Rates of Growth A CrossSection Analysis The purpose of this article is to investigate the problem of international income inequality and the growth rates of different income classes. The Myrdal thesis of the cumulative process of the international mechanism of inequality is challenged. Countries which have reached a certain level of per capita income and have acquired a reallocative and transformative capacity grow at an accelerated pace which tends to narrow the gap between them and rich countries. The widely held view that the rich countries become richer and the poor become poorer does not hold without qualifications and further analysis. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png International Journal of Social Economics Emerald Publishing

International Income Inequality and per capita Income Rates of Growth A CrossSection Analysis

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References (9)

Publisher
Emerald Publishing
Copyright
Copyright © Emerald Group Publishing Limited
ISSN
0306-8293
DOI
10.1108/eb014082
Publisher site
See Article on Publisher Site

Abstract

The purpose of this article is to investigate the problem of international income inequality and the growth rates of different income classes. The Myrdal thesis of the cumulative process of the international mechanism of inequality is challenged. Countries which have reached a certain level of per capita income and have acquired a reallocative and transformative capacity grow at an accelerated pace which tends to narrow the gap between them and rich countries. The widely held view that the rich countries become richer and the poor become poorer does not hold without qualifications and further analysis.

Journal

International Journal of Social EconomicsEmerald Publishing

Published: Jul 1, 1987

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