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Poverty-growth elasticities are frequently calculated to provide insight into the inclusiveness of the growth process …. Mathematically, the formula employed to calculate the growth elasticity of poverty leads to lower values for higher initial poverty … and space. Poverty-growth semi-elasticities provide a more robust measure of the responsiveness of poverty to growth. …
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During the 2000s, Brazil experienced slow economic growth and a substantial improvement in labour market indicators …. From 2001 to 2012, Brazil grew less than the Latin American average. However, the unemployment rate decreased, the … labour earnings went up. At the same time, poverty and inequality largely diminished. The international economic crisis had a …
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