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outcomes. It finds that while poverty has fallen across the region over the last two decades, inequality has increased …, dampening the impact of growth on poverty reduction. As a result, relative to other emerging and developing regions and to Asia …
Persistent link: https://www.econbiz.de/10014409435
poverty and inequality in India during the pandemic. We have three main findings. First, India has made significant progress … in reducing poverty in recent decades, but the economic downturn associated with the COVID-19 pandemic is estimated to … have temporarily increased poverty and inequality. Second, education and employment status seem to be the main factors …
Persistent link: https://www.econbiz.de/10015059249
The paper presents estimates of poverty [extreme poverty PPP$1.9 and PPP$3.2] and consumption inequality in India for …-kind food subsides on poverty and inequality. Extreme poverty was as low as 0.8 percent in the pre-pandemic year 2019, and food …
Persistent link: https://www.econbiz.de/10015060515
Intro -- Contents -- I. INTRODUCTION -- II. RELATED LITERATURE -- III. THE MODEL -- IV. CROSS- COUNTRY INCOME DIFFERENCES -- V. POLICY EXPERIMENTS -- VI. THE AID COST OF REFORM -- VII. AID FAILURES -- VIII. CONCLUSION -- REFERENCES -- A. Optimal Fiscal Policy in a Closed Economy -- B. Optimal...
Persistent link: https://www.econbiz.de/10012691068
Going forward, Korea faces two closely related challenges: sustaining economic growth against the backdrop of a rapidly aging population and ameliorating income inequality. This paper argues that a gradual increase in social spending could promote more sustainable and inclusive growth in Korea....
Persistent link: https://www.econbiz.de/10009659803
We identify structural breaks in economic growth in 140 countries and use these to define ""growth spells:"" periods of high growth preceded by an upbreak and ending either with a downbreak or with the end of the sample. Growth spells tend to be shorter in African and Latin American countries...
Persistent link: https://www.econbiz.de/10012677563
poverty reduction. First, it examines the structure of economic growth and its proximate determinants in the two countries … economic growth and poverty reduction, particularly focusing on public policy mechanisms to reduce poverty and inequality …. Malaysia, unlike Pakistan, was able to sustain rapid economic growth with equally impressive reduction in poverty because the …
Persistent link: https://www.econbiz.de/10005248163
This survey of the recent literature asks: how important is trade policy for poverty reduction? We consider the effects … of openness on poverty in two components: the effect of openness on average income growth, and the effect on distribution … of growth and poverty reduction. Trade openness has important positive spillovers on other aspects of reform, however, so …
Persistent link: https://www.econbiz.de/10005263804
poverty. It finds that growth has been increasingly driven by higher factor productivity and that a continuation of recent … 1995 has resulted in a significant decline of poverty and that prospects are favorable for Tanzania to attain its … objectives for reducing income poverty by 2015. …
Persistent link: https://www.econbiz.de/10005264079
poverty and inequality. We find that the epidemic lowers average income and increases poverty, and that the jump in poverty is … larger than expected from the fall in average income. This disproportionate increase in poverty reflects the large share of … the population living on the threshold of poverty and the higher HIV prevalence rates in those segments of the population. …
Persistent link: https://www.econbiz.de/10005825925