Showing 1 - 10 of 21
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
What major insights have emerged from development economics in the past decade, and how do they matter for the World … Bank? This challenging question was recently posed by World Bank Group President David Malpass to the staff of the …
Persistent link: https://www.econbiz.de/10012842639
This paper describes the methodology for a new World Bank Human Capital Index (HCI). The HCI combines indicators of …
Persistent link: https://www.econbiz.de/10012910533
In 2013, the World Bank adopted two goals: First, reduce global extreme poverty to 3 percent by 2030. Second, promote … percentage points faster than the mean, the World Bank's poverty goal is achieved with the global poverty falling to below 3 …
Persistent link: https://www.econbiz.de/10012937674
countries comprising 97 percent of the world's population, this paper simulates a set of scenarios for global poverty from 2018 …
Persistent link: https://www.econbiz.de/10012865509
This paper revisits four recent cross-country empirical studies on the effects of inequality on growth. All four studies report strongly significant negative effects, using the popular system generalized method of moments estimator that is frequently used in cross-country growth empirics. This...
Persistent link: https://www.econbiz.de/10012970632
A number of recent studies have empirically documented links between characteristics of World Bank projects and their … ultimate outcomes as evaluated by the World Bank's Independent Evaluation Group. This paper explores the in-sample and out … project. Such models perform better than self-assessments of project performance provided by World Bank staff during the …
Persistent link: https://www.econbiz.de/10012972899
Social welfare functions that assign weights to individuals based on their income levels can be used to document the relative importance of growth and inequality changes for changes in social welfare. In a large panel of industrial and developing countries over the past 40 years, most of the...
Persistent link: https://www.econbiz.de/10012973293
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