European country to develop an anti-poverty strategy with a specific target. The poverty indicator developed for this purpose … used a definition of poverty in line with that proposed by the EU, reflecting both scarcity of resources (measured as … relative income poverty) and specific deficits in the standard of living. As a result of the rise in prosperity between 1994 …

"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 …