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There is increasing scholarly evidence that financialization has contributed to rising income inequality, especially by concentrating income among the affluent and rich. There is less empirical research examining who is losing out to the affluent. This paper fills this gap by examining how three...
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poverty line, expressed in PPP-adjusted dollars and linked to various rounds of the International Comparison of Prices (ICP …; they also roughly confirm the current shape of the proposed "weakly relative" poverty line. Using the new absolute line … using 2011 PPPs would lead to substantially lower poverty in our estimation. The extent of the decline depends on whether …
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The majority of the world's poor, by income poverty and multi-dimensional poverty, now live in countries officially … ending aid. In light of this, this paper considers two competing perspectives on this changing pattern of global poverty: the … mutually exclusive, is that global poverty is gradually in the process of 'nationalizing', at least in terms of resources …
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