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Measurement of the middle class has recently come to the center of policy debate in middle-income countries as they search for the potential engines of growth and good governance. This debate assumes, first, that there is a meaningful definition of class, and second, that thresholds that define...
Persistent link: https://www.econbiz.de/10009364412
Alternative scenarios are considered for reducing by one billion the number of people living below $1.25 a day. The low-case,"pessimistic,"path to that goal would see the developing world outside China returning to its slower pace of growth and poverty reduction of the 1980s and 1990s, though...
Persistent link: https://www.econbiz.de/10010604328
This paper assembles data at the all-India level and for the village of Palanpur, Uttar Pradesh, to document the growing importance, and influence, of the non-farm sector in the rural economy between the early 1980s and late 2000s. The suggestion from the combined National Sample Survey and...
Persistent link: https://www.econbiz.de/10010829336
Turkey's poverty reduction performance in the 2000s has been remarkably consistent. Extreme and moderate poverty have fallen considerably since 2003. Between 2002 and 2011, extreme poverty fell from 13 percent to 5 percent, while moderate poverty halved from 44 percent to 22 percent...
Persistent link: https://www.econbiz.de/10010829388
This paper offers an axiomatic characterization of two classes of poverty measures that are sensitive to inequality of opportunity -- one a strict subset of the other. The proposed indices are sensitive not only to income shortfalls from the poverty line, but also to differences in the...
Persistent link: https://www.econbiz.de/10010829672
Jordan's economic growth in the past decade has translated into a significant rise in household consumption and a decline in poverty and inequality indicators. Yet, the sentiment of the overall population seems to point to worsening disparities. Using official household expenditure surveys for...
Persistent link: https://www.econbiz.de/10010829789
The World Bank has recently adopted a target of reducing the proportion of population living below US$1.25 a day at 2005 international prices to 3 percent by 2030. This paper reviews different projection methods and estimates the global poverty rate of 2030 modifying Ravallion (2013)'s approach...
Persistent link: https://www.econbiz.de/10010829799
Against what standards should we judge the developing world's overall performance against poverty going forward? The paper proposes two measures, each with both"optimistic"and"ambitious"targets for 2022, 10 years from the time of writing. The first measure is absolute consumption poverty, as...
Persistent link: https://www.econbiz.de/10010829829