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The employment of financial development indicators without due consideration to country/regional specific financial development realities remains an issue of substantial policy relevance. Financial depth in the perspective of money supply is not equal to liquid liabilities in every development...
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The majority of the world's poor, by income poverty and multi-dimensional poverty, now live in countries officially … classified by the World Bank as middle-income countries. Of course nothing happens when a country crosses a (somewhat) arbitrary … ending aid. In light of this, this paper considers two competing perspectives on this changing pattern of global poverty: the …
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the world's richest 1 per cent, while just a modest amount of redistribution would have ended $2 poverty. If the share of … whether this implies the end of the historical two-cluster world rather than merely a transition as some people move from the … just 12 per cent, this would have been sufficient to end $2 poverty today. Persistence of global poverty, it seems, is not …
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much better prospect than many other parts of the Third World; the prospects soon dimmed, however, as South Asia crawled …
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