uses a database assembled by the World Bank Group to investigate some basic characteristics of shared prosperity …

In 2013, the World Bank adopted two goals: First, reduce global extreme poverty to 3 percent by 2030. Second, promote … percentage points faster than the mean, the World Bank's poverty goal is achieved with the global poverty falling to below 3 …

Global income inequality captures income differences among all individuals around the world. Global inequality around … the world increased from 1820 to 1990 as incomes in richer countries grew faster than incomes in relatively poorer … world decreased as populous and relatively poorer countries, in particular China, reduced the income gap with richer parts …

poverty and inequality. He finds that growth represents an important means for reducing poverty in the developing world. When …