Lecture

Need for Economic Growth in Low-Income Countries

Description

This lecture discusses the reasons for seeking to grow the GDP of low-income countries, focusing on reducing poverty, inequality, and environmental footprint. It explores the targets and achievements of MDG1, the conditions for growth to benefit the poor, and the importance of reducing inequalities. The relationship between growth and poverty, inequality, and resource use is analyzed, along with the impact of growth on different income groups. The Kuznets Curve theory and wealth concentration trends in the United States are also examined, highlighting the challenges of achieving inclusive growth and addressing income disparities.

About this result
This page is automatically generated and may contain information that is not correct, complete, up-to-date, or relevant to your search query. The same applies to every other page on this website. Please make sure to verify the information with EPFL's official sources.