Macroeconomic, Income Inequality, and Poverty Relationship: A Review of Research Perspectives

Abstract

The purpose of this study is to review a major section of the literature on macroeconomics and poverty to achieve better perspectives on emerging macroeconomic research streams. The article examines the research on macroeconomics and poverty relationship and presents a conceptual framework. This article discusses the studies published on gross domestic product (GDP) growth, income distribution, inequality, inflation, unemployment, and poverty. An international journal and different articles related to the relatioship between macroeconomics and poverty are examined. The study contributes to the macroeconomic literature by identifying key areas of research on the relationship between macroeconomics and poverty. This survey article is special in that it examines the macroeconomics and poverty literature and summarizes the results to gain a proper understanding of macroeconomics and poverty and also provides perspectives for future research.