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Social welfare functions that assign weights to individuals based on their income levels can be used to document the relative importance of growth and inequality changes for changes in social welfare. In a large panel of industrial and developing countries over the past 40 years, most of the...
Persistent link: https://www.econbiz.de/10012973293
Persistent link: https://www.econbiz.de/10002127294
One of the most contentious issues of globalization is the effect of global economic integration on inequality and poverty. Dollar documents five trends in the modern era of globalization, starting around 1980. Trend 1: Poor country growth rates have accelerated and are higher than rich country...
Persistent link: https://www.econbiz.de/10012749051
One of the most contentious issues of globalization is the effect of global economic integration on inequality and poverty. This paper documents five trends in the modern era of globalization, starting around 1980. Trend #1: Poor country growth rates have accelerated and are higher than rich...
Persistent link: https://www.econbiz.de/10012559833
One of the most contentious issues of globalization is the effect of global economic integration on inequality and poverty. This article documents five trends in the modern era of globalization, starting around 1980. The first trend is that growth rates in poor economies have accelerated and are...
Persistent link: https://www.econbiz.de/10012564137
Persistent link: https://www.econbiz.de/10003455072
We use social welfare functions that assign weights to individuals based on their income levels to document the relative importance of growth and inequality changes for changes in social welfare. In a large panel of industrial and developing countries over the past 40 years, we find that most of...
Persistent link: https://www.econbiz.de/10010457208
The evidence from individual cases and from cross-country analysis supports the view that globalization leads to faster growth and poverty reduction in poor countries. To determine the effect of globalization on growth, poverty, and inequality, Dollar and Kraay first identify a group of...
Persistent link: https://www.econbiz.de/10012748684
When average incomes rise, the average incomes of the poorest fifth of society rise proportionately. This holds across regions, periods, income levels, and growth rates. But relatively little is known about the broad forces that account for the variations across countries and across time in the...
Persistent link: https://www.econbiz.de/10012748706
Burnside and Dollar revisit the relationship between aid and growth using a new data set focusing on the 1990s. The evidence supports the view that the impact of aid depends on the quality of state institutions and policies. The authors use an overall measure of institutions and policies popular...
Persistent link: https://www.econbiz.de/10012749543