social programs in virtually all countries, poverty and high inequality remain deeply entrenched. In this paper we ask the … difference - both in increasing growth and in directly reducing poverty. We define social policy broadly to include economy …-wide (quot;macroquot; and employment and other structural) policies that affect poverty and social justice in foreseeable ways …

between $4 and $10 (at constant 2005 PPP dollar). They are well above the international poverty line, but still vulnerable to … falling back into poverty and hence not part of the secure middle class. In a first step, we use long-term growth projections …