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Countering recent rises in many countries of inequality in income and wealth is widely recognized as a major … development challenge. This is so from an ethical perspective and because greater inequality is perceived to be detrimental to key … development aims. Still, an informed debate on the effects of inequality requires clear evidence. This review contributes to the …
Persistent link: https://www.econbiz.de/10012651105
. A series of shocks, especially the fuel and food price crisis of 2008, combined with poor productivity growth in …
Persistent link: https://www.econbiz.de/10011418642
national, state, and district-level figures for overall, within and between consumption inequality. We find an increase in … inequality in India but only since 2004. We also document an increase in between group (or horizontal) inequality over the entire … period. We then investigate the impact of ethnic fragmentation and public good provision on inequality. We hypothesize that …
Persistent link: https://www.econbiz.de/10011653917
, allowing an understanding of growth and inequality in the region. The region has experienced Ø- and σ-convergence …; however, growth rates of per capita gross domestic product are low at aggregate and sectoral levels. At sectoral level, the … sectors such as education and health can enhance growth rate, whereas the overall revenue expenditure retards growth …
Persistent link: https://www.econbiz.de/10012424163
Understanding the relationship between income inequality and economic growth is of utmost importance to economists and … between inequality and growth via growth and inequality shocks for two large economies, China and the USA, for the years 1979 …- 2018. We find that a growth shock is inequality-increasing, and an inequality shock is growthreducing. We also find …
Persistent link: https://www.econbiz.de/10012424164
Reducing poverty and inequality and promoting inclusive growth are fundamental to achieving the United Nations … evaluation of the main stylized facts concerning poverty, inequality, and growth. It will uncover existing trends, put …
Persistent link: https://www.econbiz.de/10013364552
Growth that reduces poverty is often considered pro-poor regardless of whether the poor benefit from it more than the … non-poor. Such growth could simply be termed poverty-reducing growth. This paper argues that for growth to be pro-poor it … should disproportionally benefit the poor. The paper proposes an operational definition of pro-poor growth that restricts it …
Persistent link: https://www.econbiz.de/10010280068
Productivity and socio-economic progress are inter-connected. Economic growth funds policies that promote socio …-economic progress, while the latter serves as a growth engine. A society with high mobility is one where individual achievements are …-2011), we identify the causal effect of intergenerational mobility on household expenditure's future growth. We find that …
Persistent link: https://www.econbiz.de/10012146484
high levels of democracy are characterized by lower relative inequality. They also have the lowest ratio of the income … information from five Varieties of Democracy indices. K-means country clusters are similar but not entirely identical to both k …-medians clusters and arbitrary groups formed using only one measure, namely the liberal democracy index. Simple correlations with …
Persistent link: https://www.econbiz.de/10014477521
Mali long seemed a model, low-income democracy. Yet, in a few short weeks in early 2012, more than half of the … elements of vertical accountability that are necessary for democracy. On the other hand, aid was not very successful at …
Persistent link: https://www.econbiz.de/10010319848