Buy this book
"An apparent temporary narrowing of income inequality has been observed during several recent banking crises. But it would be a mistake to conclude that such crises don't matter for the poor. For one thing, the correlation is not strong, and the opposite pattern has also been present. Besides, the poor are much less able to absorb a cut in income: safety-net policies are crucial during a downturn even if the gap between rich and poor has temporarily narrowed. More fundamentally, distributional shifts during the crisis may be less important than the fact that underlying financial policy and infrastructures conducive to crisis can also be associated with more unequal societies.<BR><BR> "--World Bank web site.
Buy this book
Subjects
Poor, Financial crises, Income distributionShowing 1 featured edition. View all 1 editions?
Edition | Availability |
---|---|
1 |
aaaa
|
Book Details
Edition Notes
Also available in print.
Includes bibliographical references.
Title from PDF file as viewed on 8/19/2005.
System requirements: Adobe Acrobat Reader.
Mode of access: World Wide Web.
Classifications
The Physical Object
ID Numbers
Community Reviews (0)
Feedback?December 13, 2020 | Edited by MARC Bot | import existing book |
February 5, 2010 | Edited by WorkBot | add more information to works |
December 9, 2009 | Created by WorkBot | add works page |