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impact in developing countries. This paper uses a micro-simulation approach to assess the poverty and distributional effects … of the crisis in the Philippines. The authors find increases in both the level and the depth of aggregate poverty. Income …
Persistent link: https://www.econbiz.de/10012976567
An extensive literature on poverty traps suggests that high levels of poverty deter growth. However, a seemingly basic … implication of the underlying theoretical models, namely that countries suffering from higher levels of poverty should grow less … affect growth in opposing directions. Because inequality and poverty are different aspects of the income distribution …
Persistent link: https://www.econbiz.de/10012911547
This paper studies future poverty, inequality, and shared prosperity outcomes using a panel data set with 150 countries … over 1980-2014. The findings suggest that global extreme poverty will decrease in absolute and relative terms in the period … 2015-2030. However, absolute poverty is likely to increase by 2030 in resource-output oriented countries and economies with …
Persistent link: https://www.econbiz.de/10012871279
Academics and policy makers have long considered an adequate supply of infrastructure services to be essential for economic development. This paper reviews recent theoretical and empirical literature on the effects of infrastructure development on growth and income distribution. The theoretical...
Persistent link: https://www.econbiz.de/10012972738
This paper re-examines the roles of changes in income and inequality in poverty reduction. The study provides estimates … of the relative effects of inequality reduction versus growth promotion in reducing poverty for countries with different … levels of initial poverty. The analysis uses country panel-data for 1980-2010. The results indicate that, as countries become …
Persistent link: https://www.econbiz.de/10012973261
Focusing on the welfare of the less well off as a measure of real societal progress is the fundamental principle underlying the WBG indicator of "shared prosperity" , namely income growth of the bottom 40 percent in every country. This paper uses a database assembled by the World Bank Group to...
Persistent link: https://www.econbiz.de/10012973893
growth, much less work has dealt with the importance of bank-based versus market-based financial systems for poverty and … economic growth, suggesting that the same could be true for poverty since growth is an important driver in reducing poverty … through 2008. The results suggest that when institutions are weak, bank-based financial systems are better at reducing poverty …
Persistent link: https://www.econbiz.de/10012975555
least three different perspectives. A macroeconomic approach that relies on cross-country data on poverty, inequality, and … microeconomic approach, in particular, builds on the observation that growth, changes in poverty, and changes in inequality are …
Persistent link: https://www.econbiz.de/10012976370
remarkable increase in per capita income and a decline in the poverty rate from 64 percent at the beginning of reform to 10 …
Persistent link: https://www.econbiz.de/10012747720
about their impact on poverty and inequality. Using a large cross-country panel dataset, the authors find that remittances … in Latin American and Caribbean (LAC) countries have increased growth and reduced inequality and poverty. These results … and poverty-reducing effects, even after imputations for the potential home earnings of migrants …
Persistent link: https://www.econbiz.de/10012747723