Showing 1 - 10 of 985
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 than elsewhere. We find that growth duration is positively related to …
Persistent link: https://www.econbiz.de/10012677563
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
The paper examines Senegal’s growth performance from the perspective of its povertyreducing and distributional … characteristics, and discusses policies that might help make growth more inclusive. The main findings are that poverty has fallen in …, mainly in urban areas. Further progress in poverty reduction and inclusiveness would require sustained high growth and …
Persistent link: https://www.econbiz.de/10010790286
This paper assesses how pro-poor and inclusive Asia’s recent growth has been, and what factors have been driving these …, dampening the impact of growth on poverty reduction. As a result, relative to other emerging and developing regions and to Asia …’s own past, the recent period of growth has been both less inclusive and less pro-poor. Our analysis suggests a number of …
Persistent link: https://www.econbiz.de/10011242249
Persistent link: https://www.econbiz.de/10013042567
corruption increases the loss of human lives caused by natural disasters, using a large panel of 135 countries during the period … 1980-2020. The econometric analysis provides convincing evidence that corruption increases the number of disaster … corruption in a given country, the greater the number of fatalities as a share of population due to natural disasters. Our …
Persistent link: https://www.econbiz.de/10015059047
Recent studies on the relationship between financial development and poverty have been inconclusive. Some claim that, by allowing more entrepreneurs to obtain financing, financial development improves the allocation of capital, which has a particularly large impact on the poor. Others argue that...
Persistent link: https://www.econbiz.de/10009293779
How does fiscal policy fare in improving the underlying income distribution in Central America? We integrate the data from a number of existing tax and public expenditure studies for the countries in the region and find that the distributional effect of taxation is regressive but small. In...
Persistent link: https://www.econbiz.de/10008533235
Adequate infrastructure has long been viewed as an important factor in economic development. Based on regressions covering 76 advanced and emerging market economies, this paper estimates the impact of infrastructure and investment on income distribution. It finds that better infrastructure, both...
Persistent link: https://www.econbiz.de/10011242245
Going forward, Korea faces two closely related challenges: sustaining economic growth against the backdrop of a rapidly … promote more sustainable and inclusive growth in Korea. In particular, simulation results suggest that social spending which … supports labor market reforms can boost longer-term growth. However, despite rapid increases recently?albeit from a low base …
Persistent link: https://www.econbiz.de/10009659803