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, eliminating poverty by 2030 is out of the region's reach. Even under our 'best case' scenario of accelerated growth and … goal of ending extreme poverty remains paramount. Globally, the World Bank set goals to end extreme poverty by 2030 and to …'s poorest but rapidly rising region. We find that under plausible assumptions on consumption growth and redistribution …
Persistent link: https://www.econbiz.de/10010345542
effectiveness of growth in reducing poverty; whereas an adverse direct effect of initial poverty on growth - which is recognized as …The literature on poverty convergence is sparse and much of the empirical evidence relies on Ravallion (2012) who found … a lack of poverty convergence across some ninety Less Developed Countries (LDCs) during 1977-2007. This paper revisits …
Persistent link: https://www.econbiz.de/10011810342
the past three decades than those starting out richer, as initial poverty retards growth and makes it less effective in … initial poverty incidences decline over time. Our analysis also finds initial poverty as having little direct effect on growth … in LDCs, except in SSA where higher initial poverty is associated with faster growth. …
Persistent link: https://www.econbiz.de/10011814625
inequality levels. We also find greater inequality to have negative impact on economic growth and poverty reduction. Our results …Vietnam is widely regarded as a success story for its impressive economic growth and poverty reduction in the last few …. Furthermore, this inequality gap is rising over time. Despite the country's fast poverty reduction, the poor were increasingly …
Persistent link: https://www.econbiz.de/10013540743
The most basic economic theory suggests that rising incomes in developing countries will deter emigration from those countries, an idea that captivates policymakers in international aid and trade diplomacy. A lengthy literature and recent data suggest something quite different: that over the...
Persistent link: https://www.econbiz.de/10010423766
Ghana has managed to consistently keep its poverty rate lower than the regional average over the past 25 years, but … this positive trend slowed down recently. We investigate the dynamics of overall, moderate, and extreme poverty in Ghana …-sectional data. While we find considerable conditional chronic (extreme) poverty rates hovering around 50-60 percent, there is more …
Persistent link: https://www.econbiz.de/10014462179
poverty and income inequality have invited increasing volumes of research focusing on the nexus between equity and efficient … into a middle income country (ADB, 2014). This has stimulated the need to understand causes of inequality and poverty for … poverty because they will substantially undermine the economic growth if left unchecked (ADB, 2014). The objective of this …
Persistent link: https://www.econbiz.de/10010345543
between economic growth and income inequity. We develop a simple model to establish that economic growth and inequality can …) economies are two-fold: first, we observed that for low values of economic growth, inequality and growth bear an inverted U … relationship between growth and inequality can take the form of a wave. Secondly, we examine the issue of the existence of …
Persistent link: https://www.econbiz.de/10010531112
growth in per capita GDP. More importantly, global poverty tends to respond much more strongly to shifts in sector of …Growth has been high and widespread in the last decade in Africa. Whether this shift in Africa's fortune has impacted … poverty has been a subject of controversy. This paper brings into focus recent evidence on the pace of poverty reduction in …
Persistent link: https://www.econbiz.de/10010463409
convinced that higher growth would reduce income poverty to an acceptable margin, there appears to be little concrete policy … possibly rising inequality would ensure that a great many would fall through the cracks, and not benefit from high growth, even …This paper focuses on the role of institutions in poverty alleviation, where both poverty and institutions are …
Persistent link: https://www.econbiz.de/10011400868