Income inequality and development

In recent years there has been increasing concern about trends in income distribution. This concern is rooted in fears that globalization and greater play of market forces are somehow accentuating inequalities at the national level. But against these fears, it has been suggested that integration into the world economy can actually resolve the apparent trade-off between growth and equity. In this respect the East Asian experience is often cited; in those countries rapid and sustained growth has supposedly been combined with low and declining inequality thanks to market-friendly, outward-oriented policies.

Sustainable Development Goals:

Decent Work and Economic Growth

Partnerships for the Goals