"Prevailing measures of relative poverty put an implausibly high weight on relative deprivation, such that measured … poverty does not fall when all incomes grow at the same rate. This stems from the (implicit) assumption in past measures that … roles of certain private expenditures in poor settings and with data on national poverty lines. The authors propose a new …

explores the impact of this structural change in the rate of poverty reduction and concludes that it is far from negligible …

of per capita income has important implications for the relative roles of income growth and inequality changes in poverty … reduction. When poverty reduction is the overriding policy objective, poorer and relatively equal countries may be willing to …

for half of economic growth. Finally, institutions can affect poverty and equity, although the effects seem generally …