Chinas real GDP growth rate has fallen from 10 percent a year to 6.8 percent a year.

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China’s real GDP growth rate has fallen from 10 percent a year to 6.8 percent a year. At the same time, the distribution of income has become more unequal. Suggestions for dealing with these problems include encouraging the growth of small firms, expanding the services sector, and investing more in human capital and research.

Compare China’s growth slowdown and increased inequality with that of the United States. Would the suggestions for dealing with these problems work?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

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