In an unequal world, how should countries evaluate the trade-offs between pursuing economic growth and the risks of unequal distribution of the benefits amongst individuals? London School of Economics professor and department head Danny Quah recently delivered an address on "Life in Unequal Growing Economies”, as part of the Singapore Management University School of Economics Distinguished Lecture Series. His paper proposes an empirical model to measure the trade-offs between economic growth and income inequality, and to assess the implications of such trade-offs for poverty alleviation and individual welfare.
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Measuring the Trade-offs Between Economic Growth and Unequal Distribution of the Benefits. (2007). Knowledge@SMU.
Available at: http://ink.library.smu.edu.sg/ksmu/221