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One of the most contentious issues of globalization is the effect of global economic integration on inequality and … developing world population living on less than $1 per day was cut in half since 1981. Trend #3: Global inequality (among … citizens of the world) has declined - modestly -- reversing a 200-year-old trend toward higher inequality. Trend #4: There is …
Persistent link: https://www.econbiz.de/10005128595
In a data set for developing, and transition economies, the author finds that private consumption per capita, based on national accounts, deviates on average from mean household income,or expenditure based on national sample surveys. Growth rates also differ systematically, so that the ratio of...
Persistent link: https://www.econbiz.de/10005128996
The authors investigate the methodology used in projections of international poverty - particularly those used in many World Bank documents. The methodology, as developed by Ahluwalia, Carter, and Chenery (1979) in an influential paper, is examined critically and subjected to sensitivity...
Persistent link: https://www.econbiz.de/10005129329
cross-country sample, the authors find that the answer is yes: Financial intermediary development reduces income inequality …
Persistent link: https://www.econbiz.de/10005129356
When average income rises, the average incomes of the poorest fifth of society rise proportionately. This is a consequence of the strong empirical regularity that the share of income accruing to the bottom quintile does not vary systematically with average income. The authors document this...
Persistent link: https://www.econbiz.de/10005133470
illiteracy, income inequality, and macroeconomic volatility tend to increase poverty. In addition, the impact of growth on …
Persistent link: https://www.econbiz.de/10005134117
The author tests for external effects of local economic activity on consumption and income growth at the farm-household level using panel data from four provinces of post-reform rural China. The tests allow for non-stationary fixed effects in the consumption growth process. Evidence is found of...
Persistent link: https://www.econbiz.de/10005134266
The authors examine the growth and convergence of total factor productivity in agriculture and manufacturing in a large sample of countries spanning many levels of development over the period 1967-1992. There is a widely held but rarely tested view that the rate of growth in agricultural...
Persistent link: https://www.econbiz.de/10005141485
The authors argue that, at the broad level of global analysis, there are good reasons to be optimistic about the 1990s. First, there are favorable supply side developments in many of the high income countries. Second, considerable scope exists for a recovery of private consumption and investment...
Persistent link: https://www.econbiz.de/10005141616
The authors attempt to analyze the linkages between macroeconomic policies and economic growth variables, their movement over time, and their impact on poverty in the case of Poland. Poland, a middle-income country, is of particular interest because its data sources allow for a relatively...
Persistent link: https://www.econbiz.de/10005116168