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

  • International relation x
  • General Aggregative Models: General x
  • International Economics x
  • Economic Theory; Demography x
  • Economic theory and methods x
  • International agencies x
  • Business and Economics x
  • Political theory x
  • Data Collection and Data Estimation Methodology; Computer Programs: General x
  • Macroeconomics and Monetary Economics x
  • Formal and Informal Sectors; Shadow Economy; Institutional Arrangements x
  • Iran, Islamic Republic of x
  • Industry and industrial studies x
  • Liquidity; Economics x
  • Portfolio Choice; Investment Decisions x
  • Political Science x
  • Data Processing x
  • International organization x
  • National accounts 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.