Inequality in Developing Asia
This paper argues that growing income and nonincome inequalities in developing Asia pose a clear and present danger to social cohesion, political stability, and therefore the sustainability of growth itself. The rapid creation of productive economic opportunities combined with significantly broadeni...
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| Format: | Article |
| Language: | English |
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World Scientific Publishing
2008-12-01
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| Series: | Asian Development Review |
| Online Access: | https://www.worldscientific.com/doi/10.1142/S0116110508500030 |
| Summary: | This paper argues that growing income and nonincome inequalities in developing Asia pose a clear and present danger to social cohesion, political stability, and therefore the sustainability of growth itself. The rapid creation of productive economic opportunities combined with significantly broadening access to these opportunities, particularly for the bypassed and marginalized, must be ensured. Progressively lifting the well-being of a greater share of the population will contribute toward harmony. |
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| ISSN: | 0116-1105 1996-7241 |