Abstract
This paper is meant to provide a framework for a discussion of certain aspects of income distribution in the context of economic development. It is neither comprehensive nor conclusive. If it were to be comprehensive it would need to discuss the issues at greater length, and since the object of the Symposium is to provide an opportunity for such discussion, a primary function of this paper should not be to present cut-and-dried conclusions. Rather the intention is to present, and examine, a set of concepts which would fit into a framework for studying one aspect of wage policy issues: namely, the distribution of income and the promotion of economic development. Various means of redistributing income, their desirability and relative effectiveness, are examined in turn. These include wage policy, fiscal policy, social security measures and certain institutional changes.
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Notes
For the methodology of measurement in this field, see: S. Kuznets, ‘Quantitative Aspects of the Economic Growth of Nations: Part VIII, Distribution of Income by Size’, Economic Development and Cultural Change, xi (Jan 1963) no. 2, part 2, p. 17
P. D. Ojha and V. V. Bhatt, ‘Pattern of Income Distribution in an Underdeveloped Economy: A Case Study of India’, American Economic Review, liv (Sep 1964) 711–19
F. E. Croxton and D. J. Cowden, Applied General Statistics (N.Y. 1939) 188–90
T. Scitovsky, A Survey of Some Theories of Income Distribution in the Balance of Income Shares (National Bureau of Economic Research, Princeton 1964) 15.
For an explanation of the M.M. System see U. A. Aziz, ‘Poverty and Rural Development in Malaysia’, Kajian Ekonomi Malaysia (Malaysian Economic Studies) 1 (Jun 1964) no. 1. pp. 83–6.
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© 1969 The International Institute for Labour Studies
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Aziz, U.A. (1969). Wage, Fiscal, Social Security Policies and Institutional Changes as a Means of Redistributing Income in Developing Countries. In: Smith, A.D. (eds) Wage Policy Issues in Economic Development. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-00105-7_19
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DOI: https://doi.org/10.1007/978-1-349-00105-7_19
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