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"The "developing world's middle class" is defined here as those who are not poor when judged by the median poverty line …-fifths came from Asia, and half from China. Most of the new entrants remained fairly close to poverty, with incomes now bunched up …
Persistent link: https://www.econbiz.de/10011394110
access percentages for over 150 countries. Across countries access is negatively correlated with poverty rates, but the … correlation is not a robust one: thus the supposed anti-poverty potential of financial access remains econometrically elusive …
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"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 …
Persistent link: https://www.econbiz.de/10011394138
dataset and methodological approach for evaluating the global poverty and inequality effects of policy reforms. It finds that … liberalization of agriculture and food could increase global extreme poverty (US …
Persistent link: https://www.econbiz.de/10011394143
"Oil and mineral revenues raise national savings and hence facilitate investment, capital accumulation, and sustained growth; thus, there are benefits of owning large natural resources. There can be a significant spillover effect from the oil sector to the non-oil sector particularly if...
Persistent link: https://www.econbiz.de/10011394146
assessment of the direct and indirect impacts of higher prices on global poverty using a representative sample of 63 to 93 … that the implied increase in the extreme poverty headcount at the global level is 1.7 percentage points, with significant …) could raise global poverty in 2010 by 0.6 percentage points at the extreme poverty line and 0.9 percentage points at the …
Persistent link: https://www.econbiz.de/10011394181