Inequality destroys benefits of positive economic growth for the poor, South African district-level data reveals

1 month ago 214

A unique analysis of district-level data reveals why inequality is so destructive to the home consumption welfare of people living below the poverty line, especially during times of significant economic decline, such as the COVID-19 pandemic. During negative economic growth, the welfare of the poor should be the main focus area.
Source: phys.org
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