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Economic growth and income inequality in China, India and Singapore : trends and policy implications

Please use this identifier to cite or link to this item: http://hdl.handle.net/1959.14/134313

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Title: Economic growth and income inequality in China, India and Singapore : trends and policy implications
Related: Routledge studies in the modern world economy 93
Publisher: New York : Routledge
Date: 2011
Author/Creator: Mukhopadhaya, Pundarik
Author/Creator: Shantakumar, G
Author/Creator: Rao, Bhanoji
Description: The world at large is watching both China and India as powerhouses of economic growth. The two nations have achieved significantly high rates of economic growth ever since their respective economies liberalized in 1978 and 1991 Singapore, despite its limited land size and almost total dependence on external trade has performed remarkably well and has moved 'from the third world to the first'. This book documents and explains the rapid economic growth of the three key Asian economies. The book also looks at what has happened to income inequality in the context of superior growth performance. It makes comparative assessments and examines the implications for the three nations. Since free markets have nothing in them to produce a reduction in income inequality among persons/households one must at best hope for equality of opportunity -- notably reflected in identical schooling for all; identical health care for all; and minimal rather than vulgar inequality in housing. This book is particularly useful for both China and India which may wish to study and learn from Singapore in regard to the policies programmes and projects aimed at ensuring equality of opportunity. The book is backed by considerable expertise on the part of the researchers, with demonstrated expertise through their publications spawning a few decades. It is invaluable to those who are concerned with designing policies for developing countries aimed at rapid and inclusive economic growth. This book has been made possible by the intellectual and financial support extended by the Global Asia Institute, National University of Singapore.
Description: 1. Introduction -- 2. China's Growth: From Ideology to Economic Superpower -– 3. China's Income Inequality: Moving Up and Unsustainable? -– 4. India's Growth: From Hindu Rate to East Asian Levels –- 5. India: The Issue of Inequality –- 6. Singapore's Growth: Making of the Global City-State -– 7. Income Inequality: The Singapore Case -– 8. Summary and Concluding Notes.
Description: 208 page(s)
Subject Keyword: Income distribution--China
Subject Keyword: Income distribution--India
Subject Keyword: Income distribution--Singapore
Subject Keyword: China--Economic conditions
Subject Keyword: India--Economic conditions
Subject Keyword: Singapore--Economic conditions
Resource Type: book
Organisation: Macquarie University. Dept. of Economics

Identifier: http://hdl.handle.net/1959.14/134313
Identifier: ISBN:9780415616461
Identifier: mq_res-20110711-103925
Language: eng

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