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results do not show that trends in inequality have a significant effect on poverty. However, the process of economic growth … poverty. The report finds that China has made substantial progress in economic development since economic reform started in … in the incidence of poverty. Productivity performance has not been uniform across the agricultural and industrial sectors …
Persistent link: https://www.econbiz.de/10005481829
relationships between productivity growth, poverty and inequality. The present study uses several sources of international data on … labour productivity, poverty and income inequality, and finds that across the developing countries for which data are … countries with relatively low income inequality. Furthermore, productivity growth is found to account for changes in poverty …
Persistent link: https://www.econbiz.de/10005481839
the catching-up hypothesis backward economies may get stuck in a poverty trap. Growth in lagging economies is not driven …. Economies can escape the poverty trap by reducing trade barriers, but the benefits from an open economy is highest in middle …
Persistent link: https://www.econbiz.de/10011533799
This paper presents updated estimates of potential output growth for the global economy through 2022. Global potential output growth is expected to decline sharply in the aftermath of the COVID-19 pandemic and recover partially by the end of the projection horizon of the October 2020 Monetary...
Persistent link: https://www.econbiz.de/10012319139
The endogenous growth literature has explored the transition from a Malthusian world where real wages, living standards and labor productivity are all linked to factor endowments, to one where (endogenous) productivity change embedded in modern industrial growth breaks that link. Recently,...
Persistent link: https://www.econbiz.de/10014051433
Persistent link: https://www.econbiz.de/10013357172
Modern growth theory derives mostly from Robert Solow's "A Contribution to the Theory of Economic Growth" (1956). Solow's own interpretation locates the origins of his "Contribution" in his view that the growth model of Roy Harrod implied a tendency toward progressive collapse of the economy. He...
Persistent link: https://www.econbiz.de/10011707818
This paper proposes an empirical framework that relates poverty reduction to production growth. We use the GGDC … contributions are used in a regression analysis, which indicates that poverty reduction is significantly related to structural … productivity growth account for a substantial share of poverty reduction in developing Asia and sub-Saharan Africa, and that …
Persistent link: https://www.econbiz.de/10012799097
Persistent link: https://www.econbiz.de/10011980825
overcome poverty and advance economic growth. For these countries, climate change threatens to deepen vulnerabilities, erode …
Persistent link: https://www.econbiz.de/10011259199