Pay low-income families more to boost economic growth, says IMF
David Morris
fqmorris at gmail.com
Wed Jun 17 08:21:03 CDT 2015
http://www.theguardian.com/business/2015/jun/15/focus-on-low-income-families-to-boost-economic-growth-says-imf-study
The IMF report said the way income is distributed matters for growth. “If
the income share of the top 20% increases, then GDP growth actually
declines over the medium term, suggesting that the benefits do not trickle
down. In contrast, an increase in the income share of the bottom 20% is
associated with higher GDP growth,” said the report.
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