APPLICATIONS OF KUZNETS INVERTED U HYPOTHESIS | DEVELOPMENT ECONOMICS | LEARN OIKONOMIA
This video discusses APPLICATIONS OF KUZNETS INVERTED U HYPOTHESIS
According to the Kuznets' Inverted U-hypothesis, as per capita national income of a country increases, in the initial stages of growth, inequality in income distribution rises and after reaching the highest degree in the intermediate level the income inequality falls.
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KUZNETS INVERTED U HYPOTHESIS :https://www.youtube.com/watch?v=THoWyPgxY_w
ENVIRONMENTAL KUZNETS CURVE: https://www.youtube.com/watch?v=qazwtL8ENN8