Social Sciences
4 years ago

Income Inequality in Africa Hinders Economic Growth, Study Finds

RePEc: Research Papers in Economics
Determinants of Income Inequality and its Effects on Economic Growth: Evidence from African Countries
Matthew Odedokun, Jeffery I. Round

Paper Summary

The article explores why some African countries have unequal incomes and how this affects their economic growth. The researchers looked at data from 35 countries over the past 40 years to understand what causes income inequality and how it impacts economic development.

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