Empirical evidence in the sparse literature on poverty convergence currently relies on cross-sectional analysis, where … Less Developed Countries (LDCs) starting out poorer are found to have enjoyed no faster subsequent poverty reduction during … the past three decades than those starting out richer, as initial poverty retards growth and makes it less effective in …

poverty has been a subject of controversy. This paper brings into focus recent evidence on the pace of poverty reduction in … suggest that there is credible evidence for poverty to have declined significantly since the 1990s but at a lesser speed than … growth in per capita GDP. More importantly, global poverty tends to respond much more strongly to shifts in sector of …

The literature on poverty convergence is sparse and much of the empirical evidence relies on Ravallion (2012) who found … a lack of poverty convergence across some ninety Less Developed Countries (LDCs) during 1977-2007. This paper revisits … cross-country poverty convergence using data from the same sources but an extended period, i.e. 1977-2014. We find that …