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Persistent link: https://www.econbiz.de/10011924996
"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
Brazil, China and India have seen falling poverty in their reform periods, but to varying degrees and for different … reasons. History left China with favorable initial conditions for rapid poverty reduction through market-led economic growth … off, prior inequalities in various dimensions handicapped poverty reduction in both Brazil and India. Brazil's recent …
Persistent link: https://www.econbiz.de/10011394374
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
Public knowledge about India's ambitious Employment Guarantee Scheme is low in one of India's poorest states, Bihar, where participation is also unusually low. Is the solution simply to tell people their rights? Or does their lack of knowledge reflect deeper problems of poor people's agency and...
Persistent link: https://www.econbiz.de/10011395875
-targeting transfers to poor people. This incentive argument does not imply, however, that workfare is more cost-effective against poverty … that for the same budget, workfare has less impact on poverty than either a basic-income scheme (providing the same … transfer to all) or uniform transfers based on the government's below-poverty-line ration cards. For workfare to dominate other …
Persistent link: https://www.econbiz.de/10011395949
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