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Financial inclusion : what have we learned so far? : what do we have to learn?

Barajas, Adolfo; Beck, Thorsten; Belhaj, Mohamed; Ben … - 2020

The past two decades have seen a rapid increase in interest in financial inclusion, both from policymakers and researchers. This paper surveys the main findings from the literature, documenting the trends over time and gaps that have arisen across regions, income levels, and gender, among...

Persistent link: https://www.econbiz.de/10012300650

Trade and inclusive growth

Bacchetta, Marc; Cerra, Valerie; Piermartini, Roberta; … - 2021

This paper surveys the literature on the relationship between international trade and inclusive growth. It examines claims that the rise in inequality in many countries can be attributed to the concurrent rise in trade competition, especially from EMEs like China, spurring trade tensions and...

Persistent link: https://www.econbiz.de/10012518909

When is Growth Pro-Poor? : Cross-Country Evidence

Kraay, Aart - 2004

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/10014404083

Income inequality in small states and the Caribbean : stylized facts and determinants

McIntyre, Meredith A.; Bejar, Pablo; Komatsuzaki, Takuji; … - 2021

Rising income inequality has emerged as a major policy issue facing policymakers, but there is a dearth of empirical work on inequality in small states, including the Caribbean. Despite data limitations, the empirical analysis using a sample of small states finds that increased openness and...

Persistent link: https://www.econbiz.de/10012518290

The impact of international migration on inclusive growth : a review

Koczan, Zsoka; Peri, Giovanni; Pinat, Magali; Rozhkov, … - 2021

capital, but it also creates a flow of remittances and increases international connections in the form of trade, FDI, and …

Persistent link: https://www.econbiz.de/10012518988

Inequality in good and bad times : a cross-country approach

Hacibedel, Burcu; Mandon, Pierre; Muthoora, Priscilla; … - 2019

This paper provides evidence of a strong relationship between the short-term dynamics of growth and inequality in developing economies. We find that reductions in inequality during growth upswings are largely reversed during growth slowdowns. Using a new methodology (mediation analysis), we...

Persistent link: https://www.econbiz.de/10012001589

The distributional effects of government spending shocks in developing economies

Furceri, Davide; Ge, Jun; Loungani, Prakash; Melina, … - 2018

(unanticipated) fiscal consolidations lead to an increase in poverty …

Persistent link: https://www.econbiz.de/10011848133

The macroeconomic and distributional implications of fiscal consolidations in low-income countries

Peralta-Alva, Adrian; Mendes Tavares, Marina; Tam, Xuan Song - 2018

We quantitatively investigate the macroeconomic and distributional impacts of fiscal consolidations in low-income countries (LICs) through value added tax (VAT), personal income tax (PIT), and corporate income tax (CIT). We extend the standard heterogeneous agents incomplete markets model by...

Persistent link: https://www.econbiz.de/10011866520

IMF-supported programs and income convergence in low-income countries

Pradhan, Tejesh; Al-Sadiq, Ali J. - 2018

Continuing the empirical debate on the effects of IMF-supported programs on participating countries' macroeconomic performance, we focus on the issue of whether these programs accelerate conditional AY-convergence among low-income countries (LICs). We use an unbalanced panel dataset for 85 LICs...

Persistent link: https://www.econbiz.de/10011978702

The Endogenous Skill Bias of Technical Change and Inequality in Developing Countries

Behar, Alberto - 2013

This paper draws on existing empirical literature and an original theoretical model to argue that globalization and skill supply affect the extent to which technology adoption in developing countries favors skilled workers. Developing countries are experiencing technical change that is...

Persistent link: https://www.econbiz.de/10014395381