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[英文文献] Rational Asymmetric Development, Piketty and the Spirit of Poverty in Afric... [推广有奖]

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英文文献:Rational Asymmetric Development, Piketty and the Spirit of Poverty in Africa-《理性的不对称发展》、《皮凯蒂与非洲的贫困精神》
英文文献作者:Simplice Asongu
英文文献摘要:
The study extends the implications of Piketty’s celebrated literature from developed countries to the nexus between developed nations and African countries by building on responses from Rogoff (2014) & Stiglitz (2014), post Washington Consensus paradigms and underpinnings from Solow-Swan & Boyce-Fofack-Ndikumana. The central argument presented is that the inequality problem is at the heart of rational asymmetric development between rich and poor countries. Piketty has shown that inequality increases when the return of capital is higher than the growth rate, because the poor cannot catch-up with the rich. We argue that, when the return of political economy (or capitalism-fuelled illicit capital flight) is higher than the growth rate in African countries, inequality in development increases and African may not catch-up with the developed world. As an ideal solution, Piketty has proposed progressive income taxation based on automatic exchange of bank information. The ideal analogy proposed in tackling the spirit of African poverty is a holistic commitment to fighting illicit capital flight based on automatic exchange of bank information. Hence, contrary to theoretical underpinnings of exogenous growth models, catch-up may not be so apparent. Implications for the corresponding upward bias in endogenous development and catch-up literature are discussed.

本研究基于Rogoff(2014)和Stiglitz(2014)的回应、后华盛顿共识范式和Solow-Swan & Boyce-Fofack-Ndikumana的基础,将Piketty的著名文献的影响从发达国家扩展到发达国家和非洲国家之间的关系。提出的中心论点是,贫富差距问题是富国和穷国之间理性不对称发展的核心。皮凯蒂指出,当资本回报率高于增长率时,不平等就会加剧,因为穷人无法赶上富人。我们认为,当政治经济(或资本主义助长的非法资本外逃)的回归高于非洲国家的增长率时,发展中的不平等就会加剧,非洲可能无法赶上发达国家。作为一种理想的解决方案,皮克提提出了基于银行信息自动交换的累进所得税。在解决非洲贫困精神方面提出的理想类比是在自动交换银行信息的基础上全面致力于打击非法资本外逃。因此,与外生增长模型的理论基础相反,追赶可能并不那么明显。对相应的内在发展的向上偏差的含义和追赶文献进行了讨论。
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