Recent economic thinking has discredited the idea that high inequality stimulates economic growth. Public investment in education is the key to both cutting inequality and achieving sustainable growth, argue Roy Van der Weide, Branko Milanovic and Mario Negre.

Branko Milanovic is Visiting Presidential Professor at the The Graduate Center, City University of New York, and senior scholar at the Luxembourg Income Study Centre. Roy Van der Weide works as an economist at the Poverty and Inequality Unit of the World Bank Research Department. Mario Negre is senior economist at the Poverty and Inequality Unit of the World Bank Research Department and senior researcher at the German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE). Tiếp tục đọc “Inequality is bad for growth of the poor” →