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). Poverty incidence also followed an inverted U-curve over the past quarter century, rising from 0.30 in 1981 to 0.33 in 1993 … social assistance transfers targeted to the poor; and a possible decline in racial inequality. Although poverty dynamics … substantial contribution to poverty reduction. "--World Bank web site …
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"Just as equality of opportunity becomes an increasingly prominent concept in normative economics, the authors argue that it is also a relevant concept for positive models of the links between distribution and aggregate efficiency. Persuasive microeconomic evidence suggests that inequalities in...
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