Showing 1 - 10 of 27
We analyze how a wealth shift to emerging countries may lead to instability in developed countries. Investors exposed to expropriation risk are willing to pay a safety premium to invest in countries with good property rights. Domestic intermediaries compete for such cheap funding by carving out...
Persistent link: https://www.econbiz.de/10011304762
This paper reports on the 2009 update of the Worldwide Governance Indicators (WGI) research project, covering 212 countries and territories and measuring six dimensions of governance between 1996 and 2008: Voice and Accountability, Political Stability and Absence of Violence/Terrorism,...
Persistent link: https://www.econbiz.de/10014206912
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 quot;povertyquot; means in the world's poorest countries-is found to be more … the early 1980s. For 2005 we estimate that 1.4 billion people, or one quarter of the population of the developing world …
Persistent link: https://www.econbiz.de/10012746763
The Worldwide Governance Indicators, reporting estimates of six dimensions of governance for over 200 countries between 1996 and 2005, have become widely used among policymakers and academics. They have also attracted some explicit written criticisms. In this short paper the authors synthesize...
Persistent link: https://www.econbiz.de/10012747827
The authors report on the latest version of the worldwide governance indicators, covering 213 countries and territories and measuring six dimensions of governance from 1996 until end-2005: voice and accountability, political stability and absence of violence, government effectiveness, regulatory...
Persistent link: https://www.econbiz.de/10012747976
Poverty lines are typically higher in richer countries, and lower in poorer ones, reflecting the relative nature of national assessments of who is considered poor. In many high-income countries, poverty lines are explicitly relative, set as a share of mean or median income. Despite systematic...
Persistent link: https://www.econbiz.de/10012854178
World Bank's international poverty line of $1.90/day, at 2011 purchasing power parity, is based on a collection of …
Persistent link: https://www.econbiz.de/10012855636
Sustainable Development Goals and the World Bank?s twin goals, the new poverty line was chosen so as to preserve the definition … the global count, we find 12.7 percent of the world?s population, or 897 million people, are living in extreme poverty …
Persistent link: https://www.econbiz.de/10012855964
previous round of PPP data from 2005 led to a large increase in the estimated number of poor in the world. The 2011 price data … world. This paper presents evidence that if the global poverty line is updated with the 2011 PPP data based on the same set …
Persistent link: https://www.econbiz.de/10012856238
the expected future human capital of children born today, following the methodology of the World Bank Human Capital Index …
Persistent link: https://www.econbiz.de/10012859525