"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 …

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

"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 …

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 …