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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
population of the developing world lived in relative poverty, half of whom were absolutely poor. The total number of relatively … "other side of the coin" to success against absolute poverty. "--World Bank web site …"Prevailing measures of relative poverty put an implausibly high weight on relative deprivation, such that measured …
Persistent link: https://www.econbiz.de/10011394138
explores the impact of this structural change in the rate of poverty reduction and concludes that it is far from negligible …. "--World Bank web site …
Persistent link: https://www.econbiz.de/10010522130
for half of economic growth. Finally, institutions can affect poverty and equity, although the effects seem generally … poorly and both could benefit from substantial reform. "--World Bank web site …
Persistent link: https://www.econbiz.de/10010522401
"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
Persistent link: https://www.econbiz.de/10010523259
leads to faster growth and poverty reduction in poor countries. To determine the effect of globalization on growth, poverty … developing world lives in these globalizing economies. Over the past 20 years, the post–1980 globalizers have seen large … between the 1980s and the 1990s, even as growth in the rich countries and the rest of the developing world slowed. The post …
Persistent link: https://www.econbiz.de/10010524019
Persistent link: https://www.econbiz.de/10010524075
"The paper presents a major overhaul to the World Bank's past estimates of global poverty, incorporating new and better … data. Extreme poverty-as judged by what "poverty" means in the world's poorest countries-is found to be more pervasive than … we thought. Yet the data also provide robust evidence of continually declining poverty incidence and depth since the …
Persistent link: https://www.econbiz.de/10010521056