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This essay surveys the evidence on the linkages between globalization and poverty. I focus on two measures of …
Persistent link: https://www.econbiz.de/10012466318
Standard measures of poverty may reveal nothing about whether the poorest of the poor are being lifted-up or left … the developing world and the US. Across developing countries, a higher mean income comes with a higher floor. The bulk of …
Persistent link: https://www.econbiz.de/10012453055
countries on poverty and average incomes in poor countries. We find no support in the cross-country analysis for the claim that … OECD polices worsen poverty in developing countries. To better understand what might drive these results, we turn to … corn prices. Taken together, the evidence suggests that a reduction in rich-country agricultural support that raises world …
Persistent link: https://www.econbiz.de/10012467395
Progressively targeted cash transfers remain the dominant policy response to chronic poverty in developing countries …. But are there alternative social protection policies that might have larger poverty impacts over time for the same public … hybrid social protection policy, which devotes resources to funding "state of the world contingent transfers" (SWCTs) to …
Persistent link: https://www.econbiz.de/10012455966
standard. The vast bulk of poverty, both absolute and relative, is now found in the developing world …The paper critically assesses prevailing measures of global poverty. A welfarist interpretation of global poverty lines … falling incidence of poverty globally over the last 30 years. This is mainly due to lower absolute poverty counts in the …
Persistent link: https://www.econbiz.de/10012480155
used to measure poverty, grows less rapidly than consumption measured in national accounts, in the world as a whole, and in … statistical procedures in poor countries understate the rate of global poverty reduction, and overstate growth in the world …The extent to which growth reduces global poverty has been disputed for 30 years. Although there is better data than …
Persistent link: https://www.econbiz.de/10012468876
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 … poverty and income inequality. These results are robust to controlling for other country characteristics and potential reverse …
Persistent link: https://www.econbiz.de/10010522996
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 … poverty and income inequality. These results are robust to controlling for other country characteristics and potential reverse …
Persistent link: https://www.econbiz.de/10012467709
User sanctions influence the legal risk for participants in illegal drug markets. A change in user sanctions may change … recent changes in user sanctions for marijuana on marijuana prices. The results suggest that lower legal risks for users are …
Persistent link: https://www.econbiz.de/10012465236
Theoretical models have suggested that sanctions may be important for enforcing sovereign debt contracts (Bulow and … Rogoff, 1989a, 1989b). This paper examines the role of sanctions in promoting debt repayment during the classical gold … standard period. We analyze a wide range of sanctions including gunboat diplomacy, external fiscal control over a country …
Persistent link: https://www.econbiz.de/10012467207