Income Distribution in Developing Economies: Conceptual, Data, and Policy Issues in Broad-Based Growth
Author(s)
Fields, Gary
Abstract
This article maintains that broad based growth, growth that raises the living standards at all socioeconomic levels in a country, is the key to a successful development approach. This point is illustrated by an examination of the recent development experience in the newly industrializing East Asian nations -Taiwan, South Korea, Hong Kong, and Singapore.