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Economic Growth and Income Inequality. Edition No. 1
- ID: 1897532
- February 2010
- 72 Pages
- VDM Publishing House
Income inequality and poverty have been high in Sub- Saharan Africa (SSA). These have been aggravated by low levels of economic growth. But whether the high inequality levels have been the cause of growth has been the subject of a number of studies. One study found that high inequality levels in SSA negatively affects growth prospects in the medium term but found the effect to be weak and the relationship not robust. Another study found that inequality affected growth through a number of channels which included; political instability, reduction in tertiary and secondary education investment, and increase in fertility. This book investigates how economic growth and income inequality evolved in Malawi between 1980 and 2005. It also analyses the effects of growth and inequality on poverty. The study uses POVCAL computational tool, and analysis of data from secondary sources to achieve its objectives. The book should help in showing how growth and inequality behaved and how the two affected poverty. This should help in shedding more light to students, professionals and policy makers working in this area.
Moses Kachale: Obtained his Bachelor of Social Sciences (Economics) with credit at Chancellor College of the University of Malawi in 2001. He obtained an MSc. in Development Economics and Policy with credit at the University of Manchester in UK in 2007. He has been working as an Economist in the Government of Malawi since 2003.