Inequality in India: A survey of recent trends
AbstractThis paper analyses the nature and causes of the patterns of inequality and poverty in India. Since the economic liberalization in the early 1990s, the evidence suggests increasing inequality (in both spatial and vertical terms) as well as persistent poverty. The macroeconomic policies possibly responsible for these trends include—fiscal tightening, regressive tax policies and expenditure cuts; financial sector reform that reduced institutional credit flow to small producers and agriculturalists; liberalization of rules for foreign and domestic investment, leading to more regional imbalance and skewed investment patterns, and trade liberalization, which has affected livelihoods and employment generation.
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Bibliographic InfoPaper provided by United Nations, Department of Economics and Social Affairs in its series Working Papers with number 45.
Length: 30 pages
Date of creation: Jul 2007
Date of revision:
India; inequality; poverty; growth and distribution; macroeconomic policies;
Find related papers by JEL classification:
- O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
- O53 - Economic Development, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
This paper has been announced in the following NEP Reports:
- NEP-ALL-2007-07-07 (All new papers)
- NEP-CWA-2007-07-07 (Central & Western Asia)
- NEP-DEV-2007-07-07 (Development)
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- Roy, Chandan & Roy Mukherjee, Sanchari & Ghosh, Shantanu, 2012. "Sericulture as an Employment Generating Household Industry in West Bengal," MPRA Paper 43672, University Library of Munich, Germany, revised Oct 2012.
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