| Description |
1 online resource (22 pages) |
| Series |
IMF working paper ; WP/12/290 |
|
IMF working paper ; WP/12/290.
|
| Contents |
Cover; Contents; I. Introduction; II. Challenges with Sustained Growth Periods; III. Analyzing Growth and Inequalities Within SACU; Figures; 1. Effect of Increase of Different Factors on Growth Spell Duration; 2. Average GDP per Capita Growth Rate, 2000-10; Tables; 1. Contributing Factors to the End of Growth Spells in the SACU Region; IV. Lowering Inequalities to Increase Growth Performances?; A. Potential Gains From Lower Inequalities; 3. Comparing Gini Coefficients Between SACU countries; B. Reducing Inequalities to Strengthen Growth Performances |
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2. Comparative Impact of Income Inequalities on Growth Spell Duration3. Highest HIV/AIDS Prevalence Rates in the World, 2009; V. Conclusion; References; Appendix I; Appendix II |
| Summary |
This paper applies the work of Berg and Ostry (2011) to the SACU region, to identify how inequalities have played a role in growth in each of these countries, and elaborates policy options to mitigate the effects of inequalities and foster growth. Lower income inequalities could lead to significant gains, as SACU countries could almost double the duration of their growth periods, with much lower inequalities. While reducing inequalities may be desirable, the design of policies to achieve such objective is not trivial. Policies targeting income inequalities at the sources are expected to be the most effective to reduce inequalities and promote growth. However, direct redistribution, if carefully crafted can also be very effective in reducing inequalities while limiting its potentially negative impact on growth |
| Notes |
Title from PDF title page (IMF Web site, viewed Dec. 18, 2012) |
| Bibliography |
Includes bibliographical references |
| Notes |
"African Department and Research Department." |
|
"December 6, 2012." |
| Subject |
Income distribution -- Africa, Southern
|
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Economic development -- Africa, Southern
|
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Economic development
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Income distribution
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Southern Africa
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| Form |
Electronic book
|
| Author |
Benicio, Dalmacio
|
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Yakhshilikov, Yorbol
|
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International Monetary Fund. African Department.
|
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International Monetary Fund. Research Department.
|
| ISBN |
9781475525069 |
|
1475525060 |
|
9781616359386 |
|
1616359382 |
|
