Browse

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

  • General Aggregative Models: General x
  • Political Science x
  • Macroeconomics and Monetary Economics x
  • International organization x
  • Formal and Informal Sectors; Shadow Economy; Institutional Arrangements x
  • Liquidity; Economics x
  • Mathematical and Quantitative Methods x
  • National income x
  • Data Processing x
  • Iran, Islamic Republic of x
  • International institutions x
  • Data Collection and Data Estimation Methodology; Computer Programs: General x
  • Economic theory and methods x
  • International agencies x
  • International relation x
  • Middle East and Central Asia x
  • International Economics x
  • Business and Economics x
  • Finance: General 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.