Some policies may have a positive effect on both growth and inequality. The
empirical cross-country literature suggests that growth has neither a positive nor a
negative effect on inequality,10 and that the impact of inequality on growth is
ambiguous.11 These results do not imply the absence of links when looking at a specific
policy or a specific country. Lopez (2004b) surveys the empirical literature and concludes
that macroeconomic stability related to inflation, as well as education and infrastructurerelated
policies seem to be win-win or ‘super pro-poor’ policies that have both a positive
effect on growth and a negative effect on inequality.