Epaulard, Anne - International Monetary Fund (IMF) - 2003
This paper investigates the link between macroeconomic performance and the change in the poverty rate among 47 episodes … greater the inequality, the lower the elasticity of poverty to growth, and the higher the mean income, the higher the … downturn; and (iii) higher growth does not bring diminishing returns to poverty reduction. Moreover, we show that very high …