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Growth, Inequality, and Social Welfare : Cross-Country Evidence

Dollar, David - 2017

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

Global Inequality : From Class to Location, from Proletarians to Migrants

Milanovic, Branko - 2017

Inequality between world citizens in mid-19th century was such that at least a half of it could be explained by income differences between workers and capital-owners in individual countries. Real income of workers in most countries was similar and low. This was the basis on which Marxism built...

Persistent link: https://www.econbiz.de/10012975731

Which Inequality Matters? Growth Evidence Based on Small Area Welfare Estimates in Uganda

Schipper, Youdi - 2017

Existing empirical studies on the relation between inequality and growth have been criticized for their focus on income inequality and their use of cross-country data sets. Schipper and Hoogeveen use two sets of small area welfare estimates-often referred to as poverty maps-to estimate a model...

Persistent link: https://www.econbiz.de/10012971162

Infrastructure, Growth, and Inequality : An Overview

Calderón, César - 2017

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

Poverty, Inequality, and Social Disparities During China's Economic Reform

Dollar, David - 2016

China has been the most rapidly growing economy in the world over the past 25 years. This growth has fueled a remarkable increase in per capita income and a decline in the poverty rate from 64 percent at the beginning of reform to 10 percent in 2004. At the same time, however, different kinds of...

Persistent link: https://www.econbiz.de/10012747720

Growth of Global Corporate Debt : Main Facts and Policy Challenges

Abraham, Facundo - 2020

This paper surveys the literature to document the main stylized facts, risks, and policy challenges related to the expansion of global nonfinancial corporate debt after the 2008–09 global financial crisis. Nonfinancial corporate debt steadily increased after the crisis, especially in emerging...

Persistent link: https://www.econbiz.de/10012823367

Does Rainfall Matter for Economic Growth? Evidence from Global Sub-National Data (1990-2014)

Damania, Richard - 2019

Much micro-econometric evidence suggests that precipitation has wide ranging impacts on vital economic indicators such as agricultural yields, human capital, and even conflict. And yet paradoxically most macro-econometric evidence (especially in the climate economy literature) finds that...

Persistent link: https://www.econbiz.de/10012865494

Globalization of Labor Markets and the Growth Prospects of Nations

Basu, Kaushik - 2017

The many and varied crises in the world economy since 2007 seem to have different origins and diverse manifestations. This paper contends that there is however a structural shift beneath the global economy that is now reaching a critical mass, and that accounts for many of these crises, despite...

Persistent link: https://www.econbiz.de/10012969887

Before and after the Global Financial Crisis : Evaluating the Caribbean's Synchronization with Global Engines of Growth

Kouame, Auguste Tano - 2017

In spite of the United States' recovery, most Caribbean nations are still struggling in the aftermath of the 2007?08 global financial crisis. This paper examines this slow growth recovery through the analysis of how the Caribbean's growth relates to that of key drivers of the global economy. The...

Persistent link: https://www.econbiz.de/10012970171

Can Latin America Tap the Globalization Upside?

de la Torre, Augusto - 2017

This paper discusses the theoretical arguments in favor of and against economic globalization and, with a view to … ascertaining whether Latin America may be able to capture the globalization upside, examines the trends and salient features of … Latin America's globalization as compared with that of Southeast Asia. The paper focuses on trade and financial integration …

Persistent link: https://www.econbiz.de/10012973335

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