Social Inequality and Economic Growth: An International Comparative Study

This article aims to explore the complex relationship between social inequality and economic growth. From the perspective of international comparison, this article analyzes the differences and commonness of social inequality and economic growth in different countries and regions, and reveals the potential influence of social inequality on economic growth. Firstly, the article reviews the relevant theories and makes clear the internal relationship between social inequality and economic growth. Then, using international data, the degree of social inequality and economic growth performance in different countries and regions are compared and analyzed. It is found that countries with higher social inequality are often constrained in their economic growth, while countries with higher social equality are more likely to achieve sustained and stable economic growth. This article further discusses the influence mechanism of social inequality on economic growth, including income distribution, educational opportunities, medical and health services, political system and legal environment. Based on these analyses, a series of targeted policy suggestions are put forward, aiming at reducing social inequality and realizing social sustainable development.

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Publication Details

Journal
Advances in Economics and Management Research
Published
2024-11-18
DOI
https://doi.org/10.56028/aemr.12.1.988.2024
Primary Topic
Economic Growth and Development
Type
article
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article

Social Inequality and Economic Growth: An International Comparative Study

Zhuoyan Sui
Advances in Economics and Management Research
Economic Growth and Development
article

Social Inequality and Economic Growth: An International Comparative Study

Zhuoyan Sui
article en

Abstract

This article aims to explore the complex relationship between social inequality and economic growth. From the perspective of international comparison, this article analyzes the differences and commonness of social inequality and economic growth in different countries and regions, and reveals the potential influence of social inequality on economic growth. Firstly, the article reviews the relevant theories and makes clear the internal relationship between social inequality and economic growth. Then, using international data, the degree of social inequality and economic growth performance in different countries and regions are compared and analyzed. It is found that countries with higher social inequality are often constrained in their economic growth, while countries with higher social equality are more likely to achieve sustained and stable economic growth. This article further discusses the influence mechanism of social inequality on economic growth, including income distribution, educational opportunities, medical and health services, political system and legal environment. Based on these analyses, a series of targeted policy suggestions are put forward, aiming at reducing social inequality and realizing social sustainable development.

Advances in Economics and Management ResearchVol. 12(1)
Tangshan College (CN)
Openalex Percentile: Top 62%
Economic Growth and Development
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