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008 200921b ||||| |||| 00| 0 eng d
100 _aOnaran, Özlem
_930470
245 _aEquality‐led Development and the Demand‐ and Supply‐side Effects
260 _bWiley,
_c2019.
300 _aVol.50, Issue 2, 2019:(445-457 p.)
520 _aThis contribution to the Forum Debate on global development focuses on the dimension of functional income distribution between labour and capital and its demand‐side and supply‐side effects. The article summarizes recent literature that has sought to explain the reasons behind the global fall in the labour share. It then discusses the demand‐side effects of the declining wage share on growth, based on the post‐Keynesian/post‐Kaleckian literature. The author presents an alternative policy scenario for the G20 based on a mix of increasing wage share and public investment, before discussing the supply‐side effects of rising inequality. The article concludes with some policy implications for equality‐led development.
773 0 _08737
_915395
_dWest Sussex John Wiley & Sons Ltd. 1970
_tDevelopment and change
_x0012-155X
856 _u https://doi.org/10.1111/dech.12488
942 _2ddc
_cART