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Article
Rising income inequality amid declining poverty : the experience of China and India
Journal of Poverty Alleviation and International Development
  • Shalendra SHARMA, University of San Francisco, USA; Lingnan University, Hong Kong
Document Type
Journal article
Publication Date
6-1-2014
Publisher
Institute for Poverty Alleviation and International Development, Yonsei University
Keywords
  • Income Inequality,
  • Inclusive Growth,
  • Poverty Rates,
  • China and India,
  • Globalization
Disciplines
Abstract

The unprecedented decline in poverty rates in China, and to a lesser extent, in India, has been accompanied by a sharp increase in income inequality, including new forms of impoverishment and destitution. What explains this paradoxical outcome where high GDP growth that has helped reduce absolute poverty has also resulted in widening income inequalities? What are the potential socioeconomic and political implications? And, how best to mitigate and reverse this growing socioeconomic polarization and promote more inclusive and balanced economic growth? This paper addresses these interrelated questions.

Language
English
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Citation Information
Sharma, S. D. (2014). Rising income inequality amid declining poverty: The experience of China and India. Journal of Poverty Alleviation and International Development, 5(1), 45-74. Retrieved from http://jpaid.yonsei.ac.kr/contents/bbspage/xbd/download.php?bo_table=m5_db1&wr_id=38&no=0&sca=5-1-2014