Showing 1 - 9 of 9
In the 1980s development assistance shifted largely from financing investments (such as roads and dams) to promoting policy reform. This change came because of a growing awareness that developing countries were held back more by poor policies than by a lack of finance for investment. After...
Persistent link: https://www.econbiz.de/10005079616
One of the most contentious issues of globalization is the effect of global economic integration on inequality and … developing world population living on less than $1 per day was cut in half since 1981. Trend #3: Global inequality (among … citizens of the world) has declined - modestly -- reversing a 200-year-old trend toward higher inequality. Trend #4: There is …
Persistent link: https://www.econbiz.de/10005128595
Vietnam grew rapidly in the 1990s, and yet by many measures it has poor economic institutions. Dollar seeks to explain this apparent anomaly. Between the 1980s and 1990s Vietnam carried out significant economic reforms, notably stabilization, the introduction of positive real interest rates,...
Persistent link: https://www.econbiz.de/10005128625
The authors of this paper use a new database on foreign aid to examine the relationships among foreign aid, economic policies, and growth of per capita GDP. In panel growth regressions for 56 developing countries and 6 four-year periods (1970-93), they find that the policies that have a great...
Persistent link: https://www.econbiz.de/10005128644
percent in 2004. At the same time, however, different kinds of disparities have increased. Income inequality has risen … working class. There have also been increases in inequality of health and education outcomes. Some rise in inequality was … inevitable as China introduced a market system, but inequality may have been exacerbated rather than mitigated by a number of …
Persistent link: https://www.econbiz.de/10005128936
When average income rises, the average incomes of the poorest fifth of society rise proportionately. This is a consequence of the strong empirical regularity that the share of income accruing to the bottom quintile does not vary systematically with average income. The authors document this...
Persistent link: https://www.econbiz.de/10005133470
Spurring growth in the developing world is one stated objective of foreign aid. Another, more commonly cited, objective is reducing poverty. Generally poverty reduction and growth go hand in hand, but could aid mitigate poverty without measurably affecting growth? The authors examine how foreign...
Persistent link: https://www.econbiz.de/10005133972
conditioning on a variety of country-level factors that may matter for growth and inequality changes. This evidence confirms the …
Persistent link: https://www.econbiz.de/10010686012
relative importance of growth and inequality changes for changes in social welfare. In a large panel of industrial and … due to changes in average incomes. In contrast, the changes in inequality observed during this period are on average much …
Persistent link: https://www.econbiz.de/10010770374