According to western views, wealth is unambiguously good, and so human welfare is positive when wealth is in excess of … needs, and negative if it is less. Islam has a substantially more sophisticated view of the relation between wealth and … welfare. Excess wealth is a trial, which can bring great rewards if utilized correctly, and also bring great harm if utilized …

and poverty. We find that wealth inequality reduces economic growth, but when we control for the fact that some …, while politically unconnected wealth inequality, income inequality and initial poverty have no significant effect …A fundamental question in social sciences relates to the effect of wealth inequality on economic growth. Yet, in …

and poverty. We find that wealth inequality reduces economic growth, but when we control for the fact that some …, while politically unconnected wealth inequality, income inequality, and initial poverty have no significant effect …A fundamental question in social sciences relates to the effect of wealth inequality on economic growth. Yet, in …

Previous Poverty and Shared Prosperity reports have conveyed the difficult message that the world is not on track to … meet the global goal of reducing extreme poverty to 3 percent by 2030. This edition brings the unwelcome news that COVID-19 …, along with conflict and climate change, has not merely slowed global poverty reduction but reversed it for first time in …