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Over two centuries, Colombia transferred vast quantities of land, equivalent to the entire UK landmass, mainly to landless peasants. And yet Colombia retains one of the highest concentrations of land ownership in the world. Why? We show that land reform's effects are highly bimodal. Most of...
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In the Global South economic mobility across generations or intergenerational economic mobility is in and of itself an important topic for research with consequences for policy. This 'Element' surveys the area, conceptually and empirically.
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This paper explores the question of structural transformation and income distribution through the eyes of the pioneer in such analysis, Simon Kuznets. It argues that his 1955 paper stands the test of time in providing insights which are relevant to understanding current phenomena like the...
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This paper is a review of the post-war literature on income distribution and development. It argues that the literature has cycled from one consensus to another, responding to emerging policy issues and new analysis. On the basis of the review, the paper identifies five areas that will command...
Persistent link: https://www.econbiz.de/10014024196
the world's richest 1 per cent, while just a modest amount of redistribution would have ended $2 poverty. If the share of … 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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