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In this book, a model of long-term interrelationships between income distribution, population growth and economic development is developed and estimated from data for 54 countries. The results indicate that a reduction of income inequality leads to lower fertility and mortality, to improvedbasic...
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The majority of the world's poor, by income poverty and multi-dimensional poverty, now live in countries officially … classified by the World Bank as middle-income countries. Of course nothing happens when a country crosses a (somewhat) arbitrary … first is that the thresholds used to classify countries by the World Bank and extensively used by aid agencies, albeit with …
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