The challenge here is to combine growth with equity. Growth without Equity = widening social cleavage!
By iMFdirect
Versions in Français (French), and Español (Spanish)
In the past two decades, low-income economies have seen a rise in growth, with fewer living in poverty. Yet inequality in many countries has remained virtually unchanged.
A recent IMF paper explains how the design of policies can matter to spread the economic benefits of growth more broadly.
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