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The World Bank Group recently adopted two overarching goals -- the end of extreme, chronic poverty in the world by 2030 and the promotion of shared prosperity in every society. The paper examines the normative properties of these goals, their strengths and weaknesses, and their implications for...
Persistent link: https://www.econbiz.de/10010709902
better place to weather such a severe crisis. The impact on poverty would be considerably lower, inequality would not change …
Persistent link: https://www.econbiz.de/10010829493
least three different perspectives. A macroeconomic approach that relies on cross-country data on poverty, inequality, and … approach, in particular, builds on the observation that growth, changes in poverty, and changes in inequality are simply …
Persistent link: https://www.econbiz.de/10008641484
Indonesia experienced rapid growth and the expansion of the formal financial sector during the last quarter of the 20th century. Although this tendency was reversed by the shock of the financial crisis that spread throughout Asia in 1997 and 1998, macroeconomic stability has since then been...
Persistent link: https://www.econbiz.de/10005128441
dataset and methodological approach for evaluating the global poverty and inequality effects of policy reforms. It finds that … mild, but exhibit a strong regional pattern. Inequality is likely to fall in regions such as Latin America, which are … characterized by high initial inequality, and rise in regions like South Asia, characterized by low initial inequality. …
Persistent link: https://www.econbiz.de/10005128481
Comparing changes in inequality with initial levels, using new data, the author finds that within-country inequality in … income or per capita consumption is converging toward medium levels--a Gini index around 40 percent. The finding is robust to … allow for serially independent measurement error in inequality data and for short-run dynamics around longer-term trends …
Persistent link: https://www.econbiz.de/10005030516
Using cross-country and panel regressions, the authors show that financial sector development significantly reduces undernourishment (hunger), largely through gaining farmers and others access to productivity-enhancing equipment, translating into beneficial income and general effects. They show...
Persistent link: https://www.econbiz.de/10005080029
This paper analyzes the impact of trade reforms on household welfare. In particular, it studies the importance of each of the links that together constitute the impact using data from the Vietnamese experience in the 1990s. The implementation of trade reforms in the 1990s, most noteworthy of...
Persistent link: https://www.econbiz.de/10005133664
While the literature on consumption insurance is growing fast, little research has been conducted on how rural … consumption insurance is affected by democracy. In this paper the authors examine how consumption insurance of Chinese rural … 1987 to 2002, they find that consumption insurance is more complete when the households are in villages with elected …
Persistent link: https://www.econbiz.de/10005080150
reduce some forms of poverty and inequality but worsen others, so the net effects are unclear without empirical modeling … the remaining distortions to world merchandise trade on poverty and inequality globally and in various developing … inequality, largely by boosting net farm incomes and raising real wages for unskilled workers in developing countries, and would …
Persistent link: https://www.econbiz.de/10008864027