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"The "developing world's middle class" is defined here as those who are not poor when judged by the median poverty line …-fifths came from Asia, and half from China. Most of the new entrants remained fairly close to poverty, with incomes now bunched up …
Persistent link: https://www.econbiz.de/10011394110
"Prevailing measures of relative poverty put an implausibly high weight on relative deprivation, such that measured … poverty does not fall when all incomes grow at the same rate. This stems from the (implicit) assumption in past measures that … roles of certain private expenditures in poor settings and with data on national poverty lines. The authors propose a new …
Persistent link: https://www.econbiz.de/10011394138
"The paper presents a major overhaul to the World Bank's past estimates of global poverty, incorporating new and better … data. Extreme poverty-as judged by what "poverty" means in the world's poorest countries-is found to be more pervasive than … we thought. Yet the data also provide robust evidence of continually declining poverty incidence and depth since the …
Persistent link: https://www.econbiz.de/10010521056
poverty in terms of consumption (or income) is the overriding issue in poor countries, and (2) the only thing that really … matters to reducing absolute income poverty is the rate of economic growth. The author takes (1) as given but questions (2 …, influences the extent of poverty today and the prospects for rapid poverty reduction in the future. "--World Bank web site …
Persistent link: https://www.econbiz.de/10010522523
workfare scheme in which the government acts as the employer of last resort. Is this a cost-effective policy against poverty … sufficient for a typical poor family to reach the poverty line would bring the annual poverty rate down from 34 percent to 25 … (three months) would bring the annual poverty rate down to 31 percent at a cost of 1.3 percent of GDP. While the gains from a …
Persistent link: https://www.econbiz.de/10010522560
"Recent literature and new data help determine plausible bounds to some key demographic differences between the poor and non-poor in the developing world. The author estimates that selective mortality-whereby poorer people tend to have higher death rates-accounts for 10-30 percent of the...
Persistent link: https://www.econbiz.de/10010522620
combining trade reforms with well-designed social protection policies. This paper--a product of the Poverty Team, Development …
Persistent link: https://www.econbiz.de/10010522874
Persistent link: https://www.econbiz.de/10010523090
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Persistent link: https://www.econbiz.de/10010523272