TY - JOUR AU - Khodor Shatila, PY - 2022/12/31 Y2 - 2024/03/29 TI - THE IMPACT OF INCOME INEQUALITY ON ECONOMIC GROWTH JF - Pressburg Economic Review JA - PER VL - 2 IS - 1 SE - Articles DO - UR - https://review.pressburgcentre.org/per/article/view/17 SP - 43-47 AB - <p>The current article examines the relationship between income inequality and<br>economic growth using the Gini coefficient to measure income inequality and the GDP per<br>capita to measure economic growth. The study shows a complex relationship between<br>income inequality and economic growth, and the impact can vary depending on the specific<br>context of a country. However, the results suggest that high levels of income inequality can<br>have a negative impact on economic growth, as it limits access to education, healthcare, and<br>other social services for low-income individuals, which can impede their ability to be<br>productive members of the workforce. Additionally, when a large portion of wealth is<br>concentrated in the hands of a small group of people, it can lead to reduced consumer<br>spending, which can slow economic growth.</p> ER -