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growth is analysed by exploring the interrelationship among growth, inequality, and poverty. The present growth spell appears … process. Two alternatives development strategies are described: pro-poor growth and pro-growth poverty reduction. The finding … that high initial poverty incidence acts as a deterrent to subsequent growth is confronted with micro evidence from rural …
Persistent link: https://www.econbiz.de/10010242056
poverty has been a subject of controversy. This paper brings into focus recent evidence on the pace of poverty reduction in … suggest that there is credible evidence for poverty to have declined significantly since the 1990s but at a lesser speed than … growth in per capita GDP. More importantly, global poverty tends to respond much more strongly to shifts in sector of …
Persistent link: https://www.econbiz.de/10010463409
This paper explores the question of structural transformation and income distribution through the eyes of the pioneer in such analysis, Simon Kuznets. It argues that his 1955 paper stands the test of time in providing insights which are relevant to understanding current phenomena like the...
Persistent link: https://www.econbiz.de/10011811420
's employment share declined, but most new jobs were in services. Concurrently, poverty incidence declined dramatically. Income …. Economic growth combined with structural change contributed to poverty reduction, but the magnitude of this impact depends … heavily on the poverty line used in calculating poverty. The Thai data support the Kuznets hypothesis of an inverted U …
Persistent link: https://www.econbiz.de/10012203791
its great success in poverty reduction, China has witnessed rapidly increasing income inequality which only began to …
Persistent link: https://www.econbiz.de/10012181039
The Bangladesh economy has undergone significant structural changes over the last four decades. The share of agriculture in GDP has declined, while the significance of industry and service sectors has increased. These structural changes have been associated with persistent challenges such as...
Persistent link: https://www.econbiz.de/10012198863
The effects of inequality on economic growth depend on several factors. On one hand, they depend on the time horizon considered, on the initial level of income and on its initial distribution. But, on the other hand, as growth and inequality are also uneven across space, it also seems relevant...
Persistent link: https://www.econbiz.de/10011515023
This paper reviews Finland's growth strategy in the postwar decades. Finland was able to initiate an impressive mobilization of resources during this period, reflected mostly in a high rate of capital accumulation for manufacturing industries. This was achieved by an unorthodox combination of...
Persistent link: https://www.econbiz.de/10010273520
Persistent link: https://www.econbiz.de/10011432818
Persistent link: https://www.econbiz.de/10009660833