"While substantial research finds that financial development boosts overall economic growth, we study whether financial … development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we … and poverty alleviation. We find that financial development reduces income inequality by disproportionately boosting the …

While substantial research finds that financial development boosts overall economic growth, we study whether financial … development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we … and poverty alleviation. We find that financial development reduces income inequality by disproportionately boosting the …

We review the empirical evidence on the relationship between Trade Liberalization, Inequality, and Poverty based on the …

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 …

, economic growth, and poverty alleviation using a new database on the share of SME labor in the total manufacturing labor force … growth. The data do not, however, confidently support the conclusions that SMEs exert a causal impact on growth. Furthermore …, we find no evidence that SMEs alleviate poverty or decrease income inequality …

The dismal growth performance of Africa is the worst economic tragedy of the XXth century. We document the evolution of … worsening of various income inequality indexes and we estimate poverty rates and headcounts. We then analyze some of the central … robust determinants of economic growth reported by Sala-i-Martin, Doppelhofer and Miller (2003) and project the annual growth …

compute world poverty rates by integrating the density function below the poverty lines. The $1/day poverty rate has fallen …, by the large growth rate of the incomes of the 1.2 billion Chinese citizens. Unless Africa starts growing in the near … aggregate GDP growth of the African continent should be the priority of anyone concerned with increasing global income …

. We develop a quantitative version of the neoclassical growth model with a broad measure of capital in which investment … slowest growing countries in the model have growth rates and investment-output ratios similar to those in the data. In both … quantitative discrepancy between the model and the data is that there is more persistence in growth rates of relative incomes in …

This paper decomposes Botswana's growth from the late 1960s through 2010 into a within-sector and a between …-sector (structural change) component. We find that during the 70s and 80s Botswana's rapid economic growth was characterized by … around 40 percent. Between 1990 and 2010 growth was also rapid, but structural change detracted from growth. We hypothesize …

and growth since then has revealed that the impacts of economic growth on poverty, as observed in practice, can be … poverty with respect to changes in the mean of the distribution of income, thus analytically linking the poverty measures to … key macroeconomic aggregates. Numerous insights are found in Kakwani's elasticities. However, the literature on poverty …