• Economics
  • Published 2006

Thinking about Simon Kuznets' s theory of inversion of U caused by his hypothesis

@inproceedings{Guo2006ThinkingAS,
  title={Thinking about Simon Kuznets' s theory of inversion of U caused by his hypothesis},
  author={Zhang Guo},
  year={2006}
}
According to interpretation of Simon Kuznets's theory of inversion of U,developing countries will go through the process of enlarging the gap of income between the rich and poor in the period of economic take-off then gradually lessening the gap with advancement of industrialization.China is now in the key period of constructing well—off society all-round way and accelerating advancement of modernization.In such a key period,we should stick to the principle of efficiency first then paying more… CONTINUE READING