unprecedented rates, resulting in large reduction in extreme poverty and a significant expansion of the middle class. But more … development quest. The sample includes Brazil, India, Vietnam and four African countries -- Botswana, Ghana, Nigeria, and Zambia …

. As a consequence, productivity increases and expansion in the commercial primary production sector will cause …

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 …

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 …

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 …

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 …

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 …

remarkable increase in per capita income and a decline in the poverty rate from 64 percent at the beginning of reform to 10 …