## Inequality’s Toll on Growth

_IMF Podcasts, June 18, 2015_

## Source details

**Canonical URL:** [Inequality’s Toll on Growth](https://www.imf.org/en/news/podcasts/all-podcasts/2017/11/11/inequalitys-toll-on-growth)

## Other formats

- [Markdown version](/en/news/podcasts/all-podcasts/2017/11/11/inequalitys-toll-on-growth/index.md)
- [Structured JSON version](/en/news/podcasts/all-podcasts/2017/11/11/inequalitys-toll-on-growth/index.json)
- [Bundle manifest](/en/news/podcasts/all-podcasts/2017/11/11/inequalitys-toll-on-growth/bundle-manifest.json)

## Bibliographic details
- Published: June 18, 2015

---

### Main findings
- Study by IMF Staff suggests raising income levels of the poor and middle boosts overall economic growth.
- Co-authors Kalpana Kochhar and Era Dabla-Norris say the wealth of the rich is not trickling down.
- Income inequality is at its highest level in decades with half of the world’s wealth in the hands of 1% of the population.

### Participants and roles
- Kalpana Kochhar: Deputy Director, Asia and Pacific Department at the IMF.
- Era Dabla-Norris: Deputy Chief in Strategy Policy and Review Dept at the IMF.
- Behind the mic: Bruce Edwards (International Monetary Fund) and Rhoda Metcalfe (independent journalist and audio producer).

### Context and emphasis
- The event/publication highlights the relationship between income distribution and aggregate growth, emphasizing the growth-enhancing effects of raising incomes for the poor and middle classes.
- The narrative stresses that concentration of wealth among the top 1% does not automatically generate broad-based benefits for the rest of the population.

---

## Content in this bundle

- [Inequality20mix (MP3)](/-/media/websites/imf/imported-podcast/imported-podcast-mp3/external/podcast/2015/inequality20mix.mp3){rel="external" type="audio/mpeg"}

---

_Source: https://www.imf.org/en/news/podcasts/all-podcasts/2017/11/11/inequalitys-toll-on-growth_