Globalisation, Income Distribution and Growth
CROSS BORDER COOPERATION AS FACTOR OF ACTIVATION THE PROCESSES OF EUROINTEGRATIONS, Chernivtsi Trade Economics Institute of the Kyiv National Trade Economics Institute (CHTEI KNTEU)
3 Pages Posted: 26 Sep 2008
Date Written: May 6, 2008
Since the early 1990s income inequality has regained a central role in the current theoretical, applied and policy debate dominating the scene in the developed, developing and transition countries. In developed countries the diminishing labour share has become one of the main concern of Governments and a crucial variable in explaining a persistent sluggish growth rate. International Organisations see the persistence of mass poverty not only as a major ethical and political problem but also as a brake on long-term growth, since inequality may reduce economic efficiency and growth.
Keywords: income distribution, inequality, growth, formal and informal labour market, financial statements
JEL Classification: E64, A10, E20
Suggested Citation: Suggested Citation