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growth could be lower for longer, with a setback to development. Post-pandemic reforms thus become even more important …
Persistent link: https://www.econbiz.de/10012518323
This paper considers the implications for developing countries of a new wave of technological change that substitutes pervasively for labor. It makes simple and plausible assumptions: the AI revolution can be modeled as an increase in productivity of a distinct type of capital that substitutes...
Persistent link: https://www.econbiz.de/10012302048
Development Goals in the health, education, and infrastructure sectors in Brazil. We find that there is room for savings in …
Persistent link: https://www.econbiz.de/10012154654
We show empirical evidence that there may not be a tradeoff between market income inequality and high sustained growth … inequality are characterized by dynamism-a drive toward sophisticated export industries, innovation, and creative destruction and …
Persistent link: https://www.econbiz.de/10012517949
This paper considers various dimensions and sources of gender inequality and presents policies and best practices to …
Persistent link: https://www.econbiz.de/10012518760
Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and … empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The … evidence suggests that growth can be effective in reducing poverty, but its impact on inequality is ambiguous and depends on …
Persistent link: https://www.econbiz.de/10012518886
Sharing economic benefits equitably across all segments of society includes addressing the specific challenges of different generations. At present, youth and elderly are particularly vulnerable to poverty relative to adults in their middle years. Broad-based policies should aim to foster youth...
Persistent link: https://www.econbiz.de/10012518902
claims that the rise in inequality in many countries can be attributed to the concurrent rise in trade competition …
Persistent link: https://www.econbiz.de/10012518909
marked increase in inequality. Beyond consumer welfare in a narrow market, competition policy should adapt to this new … reality by considering the spillover and dynamic effects of market power, especially on firm entry, innovation, and inequality …
Persistent link: https://www.econbiz.de/10012518975
In this paper, we review the role of the political economy in inclusive growth. We find that political economy forces on the demand and supply side have weakened redistribution over time and contributed to a new wave of populism. We document growing support for a rethink of the social contract...
Persistent link: https://www.econbiz.de/10012518977