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poverty with respect to changes in the mean of the distribution of income, thus analytically linking the poverty measures to … key macroeconomic aggregates. Numerous insights are found in Kakwani's elasticities. However, the literature on poverty … and growth since then has revealed that the impacts of economic growth on poverty, as observed in practice, can be …
Persistent link: https://www.econbiz.de/10013362055
"The "developing world's middle class" is defined here as those who are not poor when judged by the median poverty line …-fifths came from Asia, and half from China. Most of the new entrants remained fairly close to poverty, with incomes now bunched up …
Persistent link: https://www.econbiz.de/10011394110
"Prevailing measures of relative poverty put an implausibly high weight on relative deprivation, such that measured … poverty does not fall when all incomes grow at the same rate. This stems from the (implicit) assumption in past measures that … roles of certain private expenditures in poor settings and with data on national poverty lines. The authors propose a new …
Persistent link: https://www.econbiz.de/10011394138
We are not seeing faster progress against poverty amongst the poorest developing countries. Yet this is implied by … for 100 developing countries reveals an adverse effect on consumption growth of high initial poverty incidence at a given … initial mean. A high incidence of poverty also entails a lower subsequent rate of progress against poverty at any given growth …
Persistent link: https://www.econbiz.de/10011394268
China has seen a huge reduction in the incidence of extreme poverty since the economic reforms that started in the late … China´s growth mattered to poverty reduction using a new provincial panel data set constructed for this purpose. The … econometric tests support the view that the primary sector (mainly agriculture) has been the main driving force in poverty …
Persistent link: https://www.econbiz.de/10011394363
revisits the issues using a new series of consumption-based poverty measures spanning 50 years, and including a 15-year period … after economic reforms began in earnest in the early 1990s. Growth has tended to reduce poverty, including in the post …-reform period. There is no robust evidence that the responsiveness of poverty to growth has increased, or decreased, since the …
Persistent link: https://www.econbiz.de/10011394397
Against what standards should we judge the developing world's overall performance against poverty going forward? The …. The first measure is absolute consumption poverty, as judged by what "poverty" means in the poorest countries. The second … is a new relative poverty measure, embracing social inclusion needs consistently with national poverty lines. The …
Persistent link: https://www.econbiz.de/10011395490
Persistent link: https://www.econbiz.de/10011395610
While the 2008 financial crisis is global in nature, it is likely to have heterogeneous welfare impacts within the developing world, with some countries, and some people, more vulnerable than others. It also threatens to have lasting impacts for some of those affected, notably through the...
Persistent link: https://www.econbiz.de/10010520996
"The paper presents a major overhaul to the World Bank's past estimates of global poverty, incorporating new and better … data. Extreme poverty-as judged by what "poverty" means in the world's poorest countries-is found to be more pervasive than … we thought. Yet the data also provide robust evidence of continually declining poverty incidence and depth since the …
Persistent link: https://www.econbiz.de/10010521056