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Using $2$20 (purchasing power parity) per capita daily income as the definition of middle class, majority of households in the Peoples Republic of China (PRC) have become middle class by 2007, which is especially impressive given that around 40% of households were still considered poor in 1991....
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Poverty reduction in the Asia and the Pacific region in 2005-2008 had been quite significant. Despite the global crisis …, an estimated 150 million people exited extreme poverty by 2008 - from 903.4 million in 2005 to 753.5 million, bringing … the percentage of people living under the $1.25 per day poverty line to 21.9% from 27.1% in 2005. Poverty reduction was …
Persistent link: https://www.econbiz.de/10009301843
This paper aims to depict the post-Second World War poverty and inequality trends in Asia, its sub-regions, and … individual economies. Efforts are made to explain these trends and explore the interrelationship between growth, poverty, and … inequality in Asia. Analytical results confirm significant reductions in poverty across the board due to fast growth, although …
Persistent link: https://www.econbiz.de/10011913508
This paper estimates income polarization in the People'http://www.adb.org/publications/income-polarization-prc-trends-changess Republic of China (PRC) from 1978 to 2010 and decomposes the estimated polarization by population subgroup. In addition, a framework is proposed to disentangle a change...
Persistent link: https://www.econbiz.de/10011305364
situation. This paper looks at the impact of vulnerability on the poverty line. The poverty line is adjusted in the presence of … vulnerability such that the utility of a person at the current poverty line and that at the adjusted poverty line become identical …, under a multiplicative model of vulnerability with constant Arrow-Pratt relative risk aversion, the revised poverty line is …
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This paper synthesizes factors that could contribute to the failure of basic service delivery to the poor. It also highlights successful projects and good practices from developing Asian countries which may help promote inclusiveness in providing basic social services in developing countries....
Persistent link: https://www.econbiz.de/10014200536