This paper uses the Shapley Value decomposition technique to assess the factors behind the rise of inequality in China …. It finds that, in many ways, inequality may have been an inevitable by-product of China’s investment and export …-led growth model. Between Chinese households, we find that the most important factors explaining income inequality are location …

We document the evolution of poverty and inequality across Indian states during the recent period of rapid growth (2004 …-09), and examine the role of growth and distribution in reducing poverty. Robust economic growth has been a major driver of … poverty reduction and inclusiveness in India. We explore the role of economic policies and macrofinancial conditions in …

outcomes. It finds that while poverty has fallen across the region over the last two decades, inequality has increased …, dampening the impact of growth on poverty reduction. As a result, relative to other emerging and developing regions and to Asia …

dynamic measure permits us to focus on inequality as well as distinguish between countries where per capita income growth was …

economic growth and poverty reduction, particularly focusing on public policy mechanisms to reduce poverty and inequality … poverty reduction. First, it examines the structure of economic growth and its proximate determinants in the two countries …. Malaysia, unlike Pakistan, was able to sustain rapid economic growth with equally impressive reduction in poverty because the …

impacts of the growth process. Cognizant of the vulnerability of its large population below poverty, India's authorities have …

more exposed to liberalization were concentrated, experienced slower decline in poverty and lower consumption growth. The …This paper uses the 1991 Indian trade liberalization to measure the impact of trade liberalization on poverty, and to …

sharing comes mostly from the convergence in rates of consumption growth among countries rather than from synchronization of … consumption at the business cycle frequency. Our finding explains why many existing measures fail to detect improved risk sharing …

We estimate consumption dynamics in the G-7 economies, paying particular attention to the possibility of precautionary … consumption growth. As such, consumption in the G-7 economies is unlikely to be the engine that revives global growth. Differences … in the pace and timing of consumption moderation have implications for the evolution of global imbalances. With the U …

How does access to credit impact consumption volatility? Theory and evidence from advanced economies suggests that … greater household access to finance smooths consumption. Evidence from emerging markets, where consumption is usually more … volatile than income, indicates that financial reform further increases the volatility of consumption relative to output. We …