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and poverty. We find that wealth inequality reduces economic growth, but when we control for the fact that some …, while politically unconnected wealth inequality, income inequality, and initial poverty have no significant effect …A fundamental question in social sciences relates to the effect of wealth inequality on economic growth. Yet, in …
Persistent link: https://www.econbiz.de/10013061938
The Philippines has set an ambitious goal of becoming a predominantly middle-class society free of poverty by 2040 … trajectory. Growing the middle class is more closely related to new wealth creation rather than typically associated themes such … as poverty reduction or redistribution. This background paper for the 2024 Philippine Institute for Development Studies …
Persistent link: https://www.econbiz.de/10015196400
Persistent link: https://www.econbiz.de/10013436235
Philippines has not been as inclusive as in the other countries as manifested in the increase in the magnitude of poverty. This … paper examines how we can improve our record on poverty reduction by looking at how we can generate greater demand for the … persistence of poverty in the Philippines. To promote inclusive growth and reduce poverty, the manufacturing sector has to be made …
Persistent link: https://www.econbiz.de/10009770645
While economic growth is important for poverty reduction, the rather stellar performance of the Philippines in economic … growth has still not translated into reduction of poverty. This is in large part due to issues pertaining to distribution … processes. The study looks at trends in various statistics on poverty and income distribution, and then examines how disparities …
Persistent link: https://www.econbiz.de/10010463348
The Philippines is generally winning its fight against poverty as the magnitude and incidence of poverty, income gap …, and severity of poverty have all decreased in 2018. Poverty decomposition analysis shows that both economic growth and … income redistribution factors have equally contributed to the declining poverty levels. However, the decline in poverty gap …
Persistent link: https://www.econbiz.de/10012432994
health and survival. But equal rates of growth often deliver unequal rates of poverty reduction and absolute deprivation is … in poverty on infant survival. We identify a significant within-state relationship which persists conditional upon state … income, indicating the size of survival gains from redistribution in favour of households below the poverty line. The poverty …
Persistent link: https://www.econbiz.de/10013135179
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/10013054924
reducing poverty and in making growth more inclusive. This paper examines trends in macroeconomic statistics, and the progress … definition of the middle-income class, laying down seven income classes based on the national poverty lines. It also profiles the …
Persistent link: https://www.econbiz.de/10011448562
In many markets in developing countries, especially in remote areas, middlemen are thought to earn excessive profits. Non-profits come in to counter what is seen as middlemen's market power, and rich country consumers pay a "fair-trade" premium for products marketed by such non-profits. This...
Persistent link: https://www.econbiz.de/10013039292