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<article xsi:noNamespaceSchemaLocation="http://jats.nlm.nih.gov/publishing/1.1/xsd/JATS-journalpublishing1-mathml3.xsd" dtd-version="1.1" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance"><front><journal-meta><journal-id journal-id-type="publisher-id">PBES</journal-id><journal-title-group><journal-title>Proceedings of Business and Economic Studies</journal-title></journal-title-group><issn>2209-2641</issn><eissn>2209-265X</eissn><publisher><publisher-name>Bio-Byword Scientific Publishing Pty. Ltd.</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="doi">10.26689/pbes.v8i3.11191</article-id><article-categories><subj-group subj-group-type="heading"><subject>Article</subject></subj-group></article-categories><title>Strategic Choices in Growth and Distribution: Shared Development</title><url>https://artdesignp.com/journal/PBES/8/3/10.26689/pbes.v8i3.11191</url><author>XuChangjian,YanXueyan</author><pub-date pub-type="publication-year"><year>2025</year></pub-date><volume>8</volume><issue>3</issue><history><date date-type="pub"><published-time>2025-07-15</published-time></date></history><abstract>Economic growth and fair distribution are two major goals pursued in economic development. Through a comparative analysis of economies such as those in Europe and the United States, it is found that: Economic growth does not have to be conditional on the expansion of income gap; growth will not automatically lead to fair distribution; efficiency and fairness can occur simultaneously; the transformation of the economic development mode can be achieved through income distribution. A shared development model that takes into account both growth and fairness is the choice to achieve sustained and stable economic growth. It is necessary to deepen the reform of the income distribution system, improve social security and other measures to promote the development achievements to benefit the majority of workers more, and achieve both efficiency and fairness at the same time.</abstract><keywords/></article-meta></front><body/><back><ref-list><ref id="B1" content-type="article"><label>1</label><element-citation publication-type="journal"><p>Quan H, 2005, Comparison of Economic Growth Effects Between Unequal Distribution and Equal Distribution. Academic Monthly, 2005(11): 45–50.</p><pub-id pub-id-type="doi"/></element-citation></ref><ref id="B2" content-type="article"><label>2</label><element-citation publication-type="journal"><p>Zhang A, Fan S, 2018, Labor Mobility, Family Income and Rural Human Capital Investment. Modern Economic Research, 2018(3): 19–26.</p><pub-id pub-id-type="doi"/></element-citation></ref><ref id="B3" content-type="article"><label>3</label><element-citation publication-type="journal"><p>Chen B, Lu M, 2016, Towards Balanced Growth: Interest Rate Control, Multiple Imbalances and Reform Strategies. The World Economy, 2016(5): 29–53.</p><pub-id pub-id-type="doi"/></element-citation></ref><ref id="B4" content-type="article"><label>4</label><element-citation publication-type="journal"><p>Lucas R, 1988, On the Mechanics of Economic Development. Journal of Monetary Economics, 1988(22): 3–42.</p><pub-id pub-id-type="doi"/></element-citation></ref><ref id="B5" content-type="article"><label>5</label><element-citation publication-type="journal"><p>Romer PM, 1990, Human Capital and Growth: Theory and Evidence. Carnegie-Rochester Conference Series on Public Policy, 32(1): 251–286.</p><pub-id pub-id-type="doi"/></element-citation></ref><ref id="B6" content-type="article"><label>6</label><element-citation publication-type="journal"><p>Grossman GM, Helpman E, 1991, Quality Ladders in the Theory of Growth. Review of Economic Studies, 58(1): 43–61.</p><pub-id pub-id-type="doi"/></element-citation></ref><ref id="B7" content-type="article"><label>7</label><element-citation publication-type="journal"><p>Barro RJ, 2000, Inequality and Growth in a Panel of Countries. Journal of Economic Growth, 5(1): 1160–1183.</p><pub-id pub-id-type="doi"/></element-citation></ref><ref id="B8" content-type="article"><label>8</label><element-citation publication-type="journal"><p>Fleisher B, Li H, Zhao MQ, 2009, Human Capital, Economic Growth, and Regional Inequality in China. Journal of Development Economics, 92(2): 215–231.</p><pub-id pub-id-type="doi"/></element-citation></ref></ref-list></back></article>
