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Is it true that as the economy grows, the rich get richer and the poor get poorer? What is the evidence? Inequality within countries vs.
Is it true that as the economy grows, the rich get richer and the poor get poorer? What is the evidence? Inequality within countries vs. inequality between countries I. Within countries: - Has inequality increased or decreased during the last quarter of the 20th century? - there is some evidence of rising inequality in some industrialized countries, for example, in the U.S. and U.K. (Atkinson, 1999). - The Kuznet's upside down U-curve appeared to be trending upward, a "U-turn." - Graphs - Atkinson 1 and Atkinson 2
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