International Journal of Physical and Social Sciences
  • Year: 2014
  • Volume: 4
  • Issue: 9

Inequality and Economic Growth: An Overview

  • Author:
  • Muhammad Faheem, Amjad Fakher, Sajid Ali
  • Total Page Count: 11
  • Page Number: 159 to 169

*Visiting Lecturer, Department of Economics, Bahauddin Zakariya University, Multan, Pakistan

**Evaluation Officer, Social Welfare and Bait-ul-Mal Department, Lahore, Pakistan

***Lecturer in Economics, Government College of Science, Multan, Pakistan

Online published on 22 January, 2015.

Abstract

In this paper the relationship between inequality and economic growth has been explored in theoretical form. Results of different studies by different economists have been reviewed. Classical and new-classical approach of inequality has also been given. The relationship between inequality and economic growth with reference to gender, credit market, trade openness and fiscal policy has been explored in this study.

Keywords

Inequality, Economic Growth, Trade Openness, Credit Market, Fiscal Policy