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The idea that high levels of economic inequality negatively affect the rate and sustainability of economic growth is quite popular in the scientific literature. Therefore, it is usually proposed to take some regulative measures to reduce economic inequality in order to boost economic growth....
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The majority of the world's poor, by income poverty and multi-dimensional poverty, now live in countries officially … classified by the World Bank as middle-income countries. Of course nothing happens when a country crosses a (somewhat) arbitrary … ending aid. In light of this, this paper considers two competing perspectives on this changing pattern of global poverty: the …
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poverty line. The patterns of growth, precarity, and structural change underlying the emergence of the world's two middles are … living above absolute poverty but below a security-from poverty-line. The paper sets out what has happened. It is argued that …
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The most basic economic theory suggests that rising incomes in developing countries will deter emigration from those … transition in every decade since 1960. It then briefly surveys 45 years of research, which has yielded six classes of theory to …
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