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The conventional wisdom that Africa is not reducing poverty is wrong. Using the methodology of Pinkovskiy and Sala …-i-Martin (2009), we estimate income distributions, poverty rates, and inequality and welfare indices for African countries for the … period 1970-2006. We show that: (1) African poverty is falling and is falling rapidly; (2) if present trends continue, the …
Persistent link: https://www.econbiz.de/10012462876
worsening of various income inequality indexes and we estimate poverty rates and headcounts. We then analyze some of the central …The dismal growth performance of Africa is the worst economic tragedy of the XXth century. We document the evolution of … rates Africa would have enjoyed if these key determinants had taken OECD rather than African values. Expensive investment …
Persistent link: https://www.econbiz.de/10012468832
Much of Africa has not yet gone through a "demographic transition" to reduced mortality and fertility rates. The fact … growth (with an accompanying state of chronic extreme poverty) has been attributed to many factors ranging from the status of … women, pro-natalist policies, poverty itself, and social institutions. There remains, however, a large degree of uncertainty …
Persistent link: https://www.econbiz.de/10012465764
assumption. Our comprehensive assessment for sub-Saharan Africa reveals that undernourished women and children are spread widely … consistent with intra-household inequality but other factors also appear to be at work including common health risks …
Persistent link: https://www.econbiz.de/10012453666
Proxy-means testing is a popular method of poverty targeting with imperfect information. In a now widely-used version …, thus diminishing the impact on poverty. Some methodological changes perform better, with a poverty-quantile method … as well, or almost as well, in reducing poverty. However, even with a budget sufficient to eliminate poverty with full …
Persistent link: https://www.econbiz.de/10012455761
and poverty alleviation. We find that financial development reduces income inequality by disproportionately boosting the … poverty and income inequality. These results are robust to controlling for other country characteristics and potential reverse … development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we …
Persistent link: https://www.econbiz.de/10010522996
incidence of economic harms during the COVID pandemic. We observe a sharp spike in poverty, peaking during India's sharp but … short lockdown. However, there was a striking decrease in income inequality outside the lockdown. There was a smaller … decrease in consumption inequality, likely due to consumption smoothing. Evidence supports two mechanisms for the decline in …
Persistent link: https://www.econbiz.de/10012794624
This paper investigates the impacts of macroeconomic activity and policy on the poverty population. It is shown that … both the poverty count and the income share of the lowest quintile of income recipients move significantly with the … structure. Special attention is given to changes in the poverty rate over the past decade and to prospective changes in the …
Persistent link: https://www.econbiz.de/10012477518
impact of the current pandemic on income and poverty to inform the targeting of resources to those most affected and assess … the success of current efforts. We construct new measures of the income distribution and poverty with a lag of only a few …, government policy effectively countered its effects on incomes, leading poverty to fall and low percentiles of income to rise …
Persistent link: https://www.econbiz.de/10012481277
World Distribution of Income and estimate poverty rates, poverty counts and various measures of income inequality and … poverty if we use other poverty lines. We find that various measures of global inequality have declined substantially and … welfare. Using the official $1/day line, we estimate that world poverty rates have fallen by 80% from 0.268 in 1970 to 0 …
Persistent link: https://www.econbiz.de/10012463216