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Economics have long sought to understand the links between economic growth and income distribution. According to Kuznets' hypothesis: A country's income distribution would first widen, then stabilise, and finally narrow with the economy development.
However, if the necessary result of the economy development is the income distribution's worsening, what's the value of the growth? It is meaningless for most people become poorer and only a small number of rich people become richer as a result of growth. Efforts must be made to avoid the worsening of income distribution with…
- Distribution effect in strategic management the product is condom
- Human resource management and development
- Income distribution
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