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Removing Impediments to Sustainable Economic Development : The Case of Corruption

L??pez Claros, Augusto - 2014

This paper examines causes and consequences of corruption within the process of economic development. It starts by … reviewing some of the factors that, over the past couple of decades, have transformed corruption from a subject on the sidelines …, the paper analyzes many of the institutional mechanisms that sustain corruption and the impact of corruption on …

Persistent link: https://www.econbiz.de/10012560812

Global Income Inequality : What It Is and Why it Matters

Milanovic, Branko - 2012

The paper presents a nontechnical summary of the current state of debate on the measurement and implications of global inequality (inequality between citizens of the world). It discusses the relationship between globalization and global inequality. And it shows why global inequality matters and...

Persistent link: https://www.econbiz.de/10012553691

Globalization, Poverty, and Inequality Since 1980

Dollar, David - 2013

One of the most contentious issues of globalization is the effect of global economic integration on inequality and poverty. This paper documents five trends in the modern era of globalization, starting around 1980. Trend #1: Poor country growth rates have accelerated and are higher than rich...

Persistent link: https://www.econbiz.de/10012559833

Mineral-Rich Countries and Dutch Disease : Understanding the Macroeconomic Implications of Windfalls and the Development Prospects, The Case of Equatorial Guinea

Toto Same, Achille - 2012

Referring to the original context of Dutch Disease, the term refers to the fears of de-industrialization that gripped the Netherlands as a result of the appreciation of the Dutch currency that followed the discovery of natural gas deposits. Expansion of petroleum exports in the 1960s not only...

Persistent link: https://www.econbiz.de/10012552380

Global Poverty and Inequality : A Review of the Evidence

Ferreira, Francisco H.G.; Ravallion, Martin - 2012

Drawing on a compilation of data from household surveys representing 130 countries, many over a period of 25 years, this paper reviews the evidence on levels and recent trends in global poverty and income inequality. It documents the negative correlations between both poverty and inequality...

Persistent link: https://www.econbiz.de/10012552409

A Normal Relationship? Poverty, Growth, and Inequality

Lopez, J. Humberto; Serv??n, Luis - 2012

Using a large cross-country income distribution dataset spanning close to 800 country-year observations from industrial and developing countries, the authors show that the size distribution of per capita income is well approximated empirically by a lognormal density. The 0 hypothesis that per...

Persistent link: https://www.econbiz.de/10012553640

Financial Development, Financial Fragility, and Growth

Loayza, Norman; Ranci??re, Romain - 2013

The authors study the apparent contradiction between two strands of the literature on the effects of financial intermediation on economic activity. On the one hand, the empirical growth literature finds a positive effect of financial depth as measured by, for instance, private domestic credit...

Persistent link: https://www.econbiz.de/10012559865

Shared Prosperity : Links to Growth, Inequality and Inequality of Ppportunity

Narayan, Ambar; Saavedra-Chanduvi, Jaime; Tiwari, Sailesh - 2014

Focusing on the welfare of the less well off as a measure of real societal progress is the fundamental principle underlying the WBG indicator of "shared prosperity", namely income growth of the bottom 40 percent in every country. This paper uses a database assembled by the World Bank Group to...

Persistent link: https://www.econbiz.de/10012560758

How Long Will It Take to Lift One Billion People Out of Poverty?

Ravallion, Martin - 2013

Alternative scenarios are considered for reducing by one billion the number of people living below $1.25 a day. The low-case, "pessimistic," path to that goal would see the developing world outside China returning to its slower pace of growth and poverty reduction of the 1980s and 1990s, though...

Persistent link: https://www.econbiz.de/10012557993

What Does Political Economy Tell Us About Economic Development and Vice Versa?

Keefer, Philip - 2013

The author reviews how three pillars of political economy-collective action, institutions, and political market imperfections-help us answer the question: Why do some countries develop and others do not? Each makes tremendous advances in our understanding of who wins and who loses in government...

Persistent link: https://www.econbiz.de/10012559663