development disproportionately raises the incomes of the poor and alleviates poverty. Using a broad cross-country sample, we … and poverty alleviation. We find that financial development reduces income inequality by disproportionately boosting the … poverty and income inequality. These results are robust to controlling for other country characteristics and potential reverse …

, talent or motivation. The other, the poverty traps view, differences in opportunities which stem from access to wealth. To … who begin in extreme poverty. The setting is rural Bangladesh and the asset is cows. The data supports the poverty traps … (from casual labor in agriculture or domestic services to running small livestock businesses) and grow out of poverty. The …

, including AK models, poverty trap models, and the concept of convergence conditional on determinants of steady-state income. We …

(majority) of "Bumiputera" (mainly Malays). Since then, Malaysia's official poverty measures indicate one of the fastest long …-term rates of poverty reduction in the world, due to both economic growth and falling inequality. Did ethnic inequality fall … since 1969 and was that a key factor in the country's success in reducing poverty and in managing inequality? New measures …