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Income Distribution in East Asian Developing Countries: an update
Author(s) -
Krongkaew Medhi
Publication year - 1994
Publication title -
asian‐pacific economic literature
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.232
H-Index - 21
eISSN - 1467-8411
pISSN - 0818-9935
DOI - 10.1111/j.1467-8411.1994.tb00094.x
Subject(s) - east asia , distribution (mathematics) , developing country , income distribution , development economics , inequality , geography , economics , demographic economics , economic growth , socioeconomics , china , mathematical analysis , mathematics , archaeology
This paper portrays recent trends in income distribution in eight countries of the developing East and Southeast Asian region. The available data indicate that the distribution of income in the more developed Asian NIEs, Hong Kong, Korea, Singapore and Taiwan, has tended to become more unequal in recent years. The ASEAN‐4 countries offer an interesting contrast. With the exception of Thailand, the distributions of income in Indonesia, Malaysia and the Philippines have shown a trend towards greater equality. The experiences of the East Asian developing countries have demonstrated that sustained GDP growth with full employment could be a most favourable factor explaining the reduction of inequality.