You are looking at 1 - 1 of 1 items for :

  • Financial and monetary sector x
  • Mathematical and Quantitative Methods x
  • Periodicals x
  • Business and Economics x
  • International Economics x
  • Economic theory and methods x
  • Asia and Pacific x
  • Iran, Islamic Republic of x
  • Civil service & public sector x
  • International institutions x
  • International agencies x
  • General Aggregative Models: General x
  • Civil society x
  • International Agreements and Observance; International Organizations x
  • Middle East and Central Asia x
Clear All
George J. Novak

This paper focuses on the subject of development and income distribution, and suggests a method whereby economic development can be skewed in favor of the poor. The paper underscores that improvements in the distribution of income can be achieved by applying shadow cost significantly below money cost to determine the social cost of employing members of low-income groups and to use the social consolidation strategy in the choice of technology in the physical construction of projects. The application of this method would result in the more extensive use of labor instead of capital equipment.