The relationship between income inequality and economic growth in OECD countries, including South Korea

View/ Open
Creator
Lee, Hyuntak.
Description
Thesis (M.P.P.)--Georgetown University, 2008.; Includes bibliographical references. To reduce income inequality, governments adopt various policies. One of most common policies to reduce income inequality is to increase government spending in social welfare. The idea is to redistribute resource from rich to poor people by government intervention. Another policy approach is to increase the size of the economic pie by boosting economic growth. It is based on the idea that a bigger economic pie can provide more resources to the poor, thus reducing income inequality. South Korea is the example of the second idea, as shown its history from 1960's to 1980's. This study shows that both approaches have merit in reducing income inequality.
Permanent Link
http://hdl.handle.net/10822/553807Date Published
2008Type
Publisher
Georgetown University
Metadata
Show full item recordRelated items
Showing items related by title, author, creator and subject.
-
Renewable Energy Consumption and Economic Growth in OECD Countries: A Comparison between Developed and Developing Countries
Luo, Hanwen (Georgetown University, 2021)With climate change being more emergent than ever before, all governments are focusing on reducing greenhouse gas emissions. An important layer in doing so is to promote energy transition towards renewables. However, not ...