Medvedev, Denis; Mustafaoglu, Zafer; Lagerborg, Andresa; … - In: Review of Economics and Institutions 4 (2013) 1
Can poverty decline with little growth in real GDP? This paper examines the case of Jamaica, where the poverty headcount halved between 2003 and 2007 despite real per capita GDP growth of just 1.1 percent per year, by analyzing the factors contributing to the observed reduction in poverty using...