文章基本信息

标题：Sharing the Growth Dividend: Analysis of Inequality in Asia
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作者：Sonali Jain-Chandra ; Tidiane Kinda ; Kalpana Kochhar 等
期刊名称：Journal of Banking and Financial Economics
电子版ISSN：2353-6845
出版年度：2019
卷号：2019
期号：2
页码：5-28
DOI：10.7172/2353-6845.jbfe.2019.2.1
语种：English
出版社：Uniwersytet Warszawski * Wydzial Zarzadzania,University of Warsaw, Faculty of Management
摘要：This paper focusses on income inequality in Asia, its drivers and policies to combat it. It finds that income inequality has risen in most of Asia, in contrast to many other regions. While in the past, rapid growth in Asia has come with equitable distribution of the gains, more recently fastgrowing Asian economies have been unable to replicate the “growth with equity” miracle. There is a growing consensus that high levels of inequality can hamper the pace and sustainability of growth. The paper argues that policies could have a substantial effect on reversing the trend of rising inequality. It is imperative to address inequality of opportunities, in particular to broaden access to education, health, and financial services. Also, fiscal policy could combat rising inequality, including by expanding and broadening the coverage of social spending, improving tax progressivity, and boosting compliance. Further efforts to promote financial inclusion, while maintaining financial stability, can help.