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This paper uses household surveys from 13 developing countries to describe consumption choices, health and education investments, employment patterns and other features of the of the economic lives of the middle classes defined as those whose daily consumption per capita is between $2 and $4 or...
Persistent link: https://www.econbiz.de/10014221786
This paper discusses dimensions of inequality in sub-Saharan Africa and their causes. It starts with a review of the empirical evidence about inequality during the colonial period as well as the post-independence era. Then it discusses the forces that determine inequality change, focusing on...
Persistent link: https://www.econbiz.de/10010249771
In many countries extreme poverty is unnecessary. Yet it persists. We propose a simple index, denoted the Miser index …, to measure the extent to which societies have poverty in the midst of affluence. It builds on the generalized Lorenz …
Persistent link: https://www.econbiz.de/10010275899
In many countries extreme poverty is unnecessary. Yet it persists. We propose a simple index, denoted the Miser index …, to measure the extent to which societies have poverty in the midst of affluence. It builds on the generalized Lorenz … in global miserliness over the last 30 years. -- Miser index ; poverty ; affluence ; inequality ; development …
Persistent link: https://www.econbiz.de/10003808963
Martin Ravallion ("Why Don't We See Poverty Convergence?" American Economic Review, 102(1): 504-23; 2012) presents … evidence against the existence of poverty convergence in aggregate data despite the conditional convergence of per capita … income levels and the close linkage between growth and poverty reduction in standard neoclassic growth theory and associated …
Persistent link: https://www.econbiz.de/10010360158
In a polarised and highly unequal country such as South Africa, it is unlikely that a definition of the middle class that is based on an income threshold will adequately capture the political and social meanings of being middle class. We therefore propose a multi-dimensional definition, rooted...
Persistent link: https://www.econbiz.de/10011388311
Martin Ravallion ("Why Don't We See Poverty Convergence?" American Economic Review, 102(1): 504-523; 2012) presents … evidence against the existence of poverty convergence in aggregate data despite the conditional convergence of per capita … income levels and the close linkage between growth and poverty reduction in standard neoclassic growth theory and associated …
Persistent link: https://www.econbiz.de/10013062198
, conceptual and empirical contributions which address relevant areas that enhance extant knowledge on linkages between poverty …
Persistent link: https://www.econbiz.de/10011998545
able to achieve inclusive growth as dependency ratio, poverty and depletion of natural capital is very high. Also, health … incidence of poverty to the barest minimum to ensure that growth becomes inclusive. …
Persistent link: https://www.econbiz.de/10012107783
Motivated by a recent World Bank report on achieving of Millennium Development Goals which shows that poverty has been …
Persistent link: https://www.econbiz.de/10011822290