Inequality and growth : the contrasting stories of Brazil and India / Labour market inequality in Brazil and India; briefing note 1
Date
2014-11
Journal Title
Journal ISSN
Volume Title
Publisher
Institute for Human Development (IHD), New Delhi, IN
Abstract
The opening up of both economies to global markets was accompanied by an improved income distribution in Brazil while it worsened in India. Since the middle of the twentieth century, the countries have had similar average rates of growth (between 4 and 5 per cent per annum). Brazil grew rapidly to 1980 while India grew slowly; after 1980 the pattern was reversed. Labour market segregations and segmentations and regional inequality are examined in the paper. Regional differences in wages and employment have widened in India and narrowed in Brazil in the last two decades. The paper compares the economies of India and Brazil.
Description
item.page.type
Policy Brief
item.page.format
Keywords
ECONOMIC GROWTH, INDUSTRIALIZATION, ECONOMIC LIBERALIZATION, ECONOMIC AND SOCIAL DEVELOPMENT, ECONOMIC DISPARITY, ECONOMIC ANALYSIS, COMPARATIVE ANALYSIS, LABOUR MARKETS, INCOME DISTRIBUTION, LABOUR POLICY, BRAZIL, INDIA, GLOBAL