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On"good"politicians and"bad"policies - social cohesion, institutions, and growth
Ritzen, Jo; Easterly, William; Woolcock, Michael - Economics Research, World Bank Group - 2000
Social cohesion - that is, the inclusiveness of a country's communities - is essential for generating the trust needed to implement reforms. Citizens have to trust that the short-term losses that inevitably arise from reform, will be more than offset by long-term gains. However, in countries...
Persistent link: https://www.econbiz.de/10005134094
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the middle class consensus and economic development
Easterly, William - Economics Research, World Bank Group - 2000
inequality. A higher share of income for the middle class and lower ethnic polarization, are empirically associated with higher …
Persistent link: https://www.econbiz.de/10005141520
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No condition is permanent : middle class in Nigeria in the last decade
Rodas, Corral; Andres, Paul; Molini, Vasco; Oseni, … - Economics Research, World Bank Group - 2015
The economic debate on existence and definition of the middle class has become particularly lively in many developing countries. Despite this growing interest, the identification of the middle class group in these countries remains quite challenging. Building on a recently developed framework to...
Persistent link: https://www.econbiz.de/10011202210
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Aid is good for the poor
Hirano, Yumeka; Otsubo, Shigeru - Economics Research, World Bank Group - 2014
Aid is good for the poor. This paper uses detailed aid data spanning 60 developing countries over the past two decades to show that social aid significantly and directly benefits the poorest in society, while economic aid increases the income of the poor through growth. This new and unequivocal...
Persistent link: https://www.econbiz.de/10010884962
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Should income inequality be reduced and who should benefit ? redistributive preferences in Europe and Central Asia
Cojocaru, Alexandru; Diagne, Mame Fatou - Economics Research, World Bank Group - 2014
This paper examines support for reducing inequality and for income redistribution to specific groups in Europe and … of support for reducing inequality. …
Persistent link: https://www.econbiz.de/10010960249
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Measuring inequality from top to bottom
Bazan, Diaz; Valeria, Tania - Economics Research, World Bank Group - 2015
This paper presents a new methodology to measure inequality that optimally combines household survey information and …
Persistent link: https://www.econbiz.de/10011252713
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Is there persistence in the growth of manufactured exports? Evidence from newly industrializing countries
Mody, Ashoka; Yilmaz, Kamil; DEC - Economics Research, World Bank Group - 1994
Price and income elasticities estimated from a country's export demand function are used both to predict and to prescribe effective export strategies. But the focus on elasticities has led to the neglect of an important empirical regularity: a strong persistencein the growth rate of a country's...
Persistent link: https://www.econbiz.de/10005079483
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Inequality, the price of nontradables, and the real exchange rate : theory and cross-country evidence
Min, Hong-Ghi - Economics Research, World Bank Group - 2002
The author provides theoretical and empirical evidence of a negative association between income inequality and real … exchange rates. First, he builds a theoretical model showing the transmission mechanism from inequality to real exchange rates … negative relationship between inequality and real exchange rates does not imply that policies aimed at dramatic redistribution …
Persistent link: https://www.econbiz.de/10005079501
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The effects of infrastructure development on growth and income distribution
Calderon, Cesar; Serven, Luis - Economics Research, World Bank Group - 2004
involves the estimation of simple equations for GDP growth and conventional inequality measures, augmented to include, among … infrastructure assets, and (2) income inequality declines with higher infrastructure quantity and quality. A variety of specification … quality on growth and inequality. These two results combined suggest that infrastructure development can be highly effective …
Persistent link: https://www.econbiz.de/10005079502
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Do more unequal countries redistribute more? does the median voter hypothesis hold?
Milanovic, Branko - Economics Research, World Bank Group - 1999
The median voter hypothesis is important to endogenous growth theories because it provides the political mechanisms through which voters in more unequal countries re-distribute a greater proportion of income and thus (it is argued), by blunting incentives, reduce the country's growth rate. But...
Persistent link: https://www.econbiz.de/10005079521