Open Access. Powered by Scholars. Published by Universities.®

Labor Economics Commons

Open Access. Powered by Scholars. Published by Universities.®

Center for Social Policy Publications

Economic development

Articles 1 - 1 of 1

Full-Text Articles in Labor Economics

An End In Itself And A Means To Good Ends: Why Income Equality Is Important, Arthur Macewan Jan 2009

An End In Itself And A Means To Good Ends: Why Income Equality Is Important, Arthur Macewan

Center for Social Policy Publications

In recent years “poverty reduction” has become the watchword in development agencies, in international lending institutions, and among development economists generally. The focus on poverty reduction reached a high point perhaps with the articulation of the Millennium Development Goals (MDGs) and with the extensive analytic work that has accompanied the MDGs. Yet, much of the discussion of poverty reduction and economic development in low and middle income countries has either ignored the issue of income distribution or has tended to view income distribution only in terms of its impact on economic growth.

Poverty and inequality, however, are intimately bound up …