inequality and that it increases poverty. Here Guillermo De la Hesa, Chairman of the Centre for Economic Policy Research (CEPR … globalization actually stands to reduce the levels of poverty and inequality worldwide. He poses the question as to whether …

"A number of empirical studies using cross-country data have found that poverty incidence responds very strongly to … economic growth. This paper explores the impact of economic growth as well as changes in income inequality on poverty reduction … positive effect on poverty reduction, income inequality has a sharply negative effect. Income inequality reduces the rate of …