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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
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
We analyze the growth impact of official development assistance to developing countries. Our approach is different from that of previous studies in two major ways. First, we disentangle the effects of two kinds of aid: developmental and non-developmental. Second, our specifications allow for the...
Persistent link: https://www.econbiz.de/10012677788
The aim of this paper is to provide new estimates of employment-output elasticities and assess the effect of structural and macroeocnomic policies on the employment-intensity of growth. Using an unbalanced panel of 167 countries over the period 1991 - 2009, the results suggest that structural...
Persistent link: https://www.econbiz.de/10009621620
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
for poverty alleviation. Although there are likely to be substantial efficiency gains from tariff reductions, these accrue …
Persistent link: https://www.econbiz.de/10012677559
Growth is pro-poor if the poverty measure of interest falls. This implies three potential sources of pro-poor growth …: (a) a high rate of growth of average incomes; (b) a high sensitivity of poverty to growth in average incomes; and (c) a … poverty-reducing pattern of growth in relative incomes. I empirically decompose changes in poverty in a large sample of …
Persistent link: https://www.econbiz.de/10005605055
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