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Sri Lanka Human Development Report 2012.pdf

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Economic Growth and Inequality<br />

Although economic growth is important to human<br />

development, it alone will not necessarily reduce poverty<br />

and inequality. 50 High levels of inequality make it difficult<br />

to lower poverty even when an economy is growing.<br />

Inequality manifests in class or income status, through<br />

gender differences, and across socioeconomic groups and<br />

dimensions such as employment, earnings and access to<br />

available social services.<br />

Figure 2.7: GDP (Real) Growth Rate, 1990 to 2010<br />

Sources: Department of Census and Statistics of <strong>Sri</strong> <strong>Lanka</strong> 1992, 1996, 2002b and 2009d.<br />

26<br />

sri lanka <strong>Human</strong> <strong>Development</strong> report 2012

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