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leads to faster growth and poverty reduction in poor countries. To determine the effect of globalization on growth, poverty … translates on average into proportionate increases in incomes of the poor. Absolute poverty in the globalizing developing … the view that globalization leads to faster growth and poverty reduction in poor countries. This paper—a product of …
Persistent link: https://www.econbiz.de/10010524019
. Does foreign direct investment support sound development? In particular, does it contribute to poverty reduction? …
Persistent link: https://www.econbiz.de/10010524021
"The authors examine the empirical evidence in support of the poverty trap view of underdevelopment. They calibrate … simple aggregate growth models in which poverty traps can arise due to either low saving or low technology at low levels of … development. They then use these models to assess the empirical relevance of poverty traps and their consequences for policy. The …
Persistent link: https://www.econbiz.de/10010522569
Persistent link: https://www.econbiz.de/10010523253
When average incomes rise, the average incomes of the poorest fifth of society rise proportionately. This holds across regions, periods, income levels, and growth rates. But relatively little is known about the broad forces that account for the variations across countries and across time in the...
Persistent link: https://www.econbiz.de/10010524046