Suchergebnisse

Though the financial crisis recently suffered by several Southeast Asian countries has already been extensively studied, this article views the crisis as an object lesson for India. An analysis of the World Debt Tables, published by the World Bank indicates that, on the whole, India's indebtedness has been more carefully managed. However, there are clear danger signals which show that the government must give priority to the management of external debt.

In a perfect world, it will be great if the growth can be distributed equally and all poverty is removed simultaneously. Unfortunately, as Simon Kuznets has pointed out, economic growth is rarely distributed equally, in fact, according to him, economic growth initially leads to higher income inequality of income, as some sectors grow faster and some do not grow at all. In this paper, we apply the Kuznets hypothesis to the Brazilian case. Our test shows that in case of Brazil, the Gini coefficient has in fact behaved as Kuznets predicted.