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

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