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Using cross-country and panel regressions, the authors show that financial sector development significantly reduces undernourishment (hunger), largely through gaining farmers and others access to productivity-enhancing equipment, translating into beneficial income and general effects. They show...
Persistent link: https://www.econbiz.de/10005080029
least three different perspectives. A macroeconomic approach that relies on cross-country data on poverty, inequality, and … approach, in particular, builds on the observation that growth, changes in poverty, and changes in inequality are simply …
Persistent link: https://www.econbiz.de/10008641484
better place to weather such a severe crisis. The impact on poverty would be considerably lower, inequality would not change …
Persistent link: https://www.econbiz.de/10010829493
Indonesia experienced rapid growth and the expansion of the formal financial sector during the last quarter of the 20th century. Although this tendency was reversed by the shock of the financial crisis that spread throughout Asia in 1997 and 1998, macroeconomic stability has since then been...
Persistent link: https://www.econbiz.de/10005128441
dataset and methodological approach for evaluating the global poverty and inequality effects of policy reforms. It finds that … mild, but exhibit a strong regional pattern. Inequality is likely to fall in regions such as Latin America, which are … characterized by high initial inequality, and rise in regions like South Asia, characterized by low initial inequality. …
Persistent link: https://www.econbiz.de/10005128481
Comparing changes in inequality with initial levels, using new data, the author finds that within-country inequality in … income or per capita consumption is converging toward medium levels--a Gini index around 40 percent. The finding is robust to … allow for serially independent measurement error in inequality data and for short-run dynamics around longer-term trends …
Persistent link: https://www.econbiz.de/10005030516
The World Bank Group recently adopted two overarching goals -- the end of extreme, chronic poverty in the world by 2030 and the promotion of shared prosperity in every society. The paper examines the normative properties of these goals, their strengths and weaknesses, and their implications for...
Persistent link: https://www.econbiz.de/10010709902
alleviation at the national level, while Cameroon's domestic trade liberalization has adverse poverty and inequality impacts … neutral replacement tax to compensate lost tariff revenue, and gets even worse when using a consumption tax. Key reasons here … are the supplementary distortions which are nil in case of a neutral tax and greatest in the case of a consumption tax. In …
Persistent link: https://www.econbiz.de/10005079470
realize the growth potential of trade, while limiting the risk of rising inequality, policies need to better account for …
Persistent link: https://www.econbiz.de/10005079733
While Africa's recent decade of growth and poverty reduction performance has been lauded, concern has been expressed regarding the structure of this growth. In particular, questions have been raised about whether the growth is based on a commodities boom, or whether it is the beginning of a...
Persistent link: https://www.econbiz.de/10009358429