Inequality cancels benefits of growth at district level (IMAGE)
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“Inequality is bad for economic growth and bad for poverty reduction. In the past researchers were not able to exactly quantify the effect of inequality in the context of economic shocks. This graph presents exactly how inequality cancels out the influence of positive economic growth in terms of poverty reduction - in the context of times of economic shocks and low growth,” says Prof Nicholas Ngepah from the University of Johannesburg. He published a first-of-its-kind analysis of district-level data in the Journal of African Economies at https://doi.org/10.1093/jae/ejae020.
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Therese van Wyk and Nicholas Ngepah, University of Johannesburg.
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