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. It is also a procedure for testing whether poverty comparisons can be made over classes of indices that incorporate both … absolute and relative views of poverty. Besides being robust to whether pro-poor judgements should be absolute or relative, the … ranges of absolute and relative poverty lines. The test is applied to distributional changes in five middle- and four lower …
Persistent link: https://www.econbiz.de/10009515911
The authors propose a policy compact to achieve more inclusive growth in G20 countries so that economic growth regains the ultimate sense of improving all people’s lives. Guiding principles are: 1) prosperity is not just about income but about all relevant outcomes of well-being and...
Persistent link: https://www.econbiz.de/10011917283
This paper examines three possible approaches to pro-poor growth. The first one assumes that the poverty line remains … constant in real terms over time. The second perspective examines the case where the poverty line is equal to half the median … of the income distribution but assumes that such a poverty line is determined exogenously. Finally we also propose a …
Persistent link: https://www.econbiz.de/10009309499
The influence of politics on economic policy is not fully understood. The challenge to ensure political inclusiveness and economic prosperity remains. Perhaps, one way to attain this objective is by increasing political competition. This paper gathers empirical evidence from Pakistan, a country...
Persistent link: https://www.econbiz.de/10011949887
Severe recessions and financial crises are frequent. Their effect on the economy is persistent and often exceeds initial projections. They can also be a strong driver of widening inequality. Therefore it is important that measures be taken to minimize the risk of such events while strengthening...
Persistent link: https://www.econbiz.de/10011863444