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been strong, yet poverty remains high. Underlying the shortage of good livelihoods and high social inequality is the lack …
Persistent link: https://www.econbiz.de/10011440672
income inequality during the transition process. The most obvious success story in the process of transition to date has been … only modest increases in inequality. Hence, a detailed analysis of the Polish experience, with a view toward asking what …
Persistent link: https://www.econbiz.de/10011113127
China has departed from the East Asian development model by letting inequality rise to a high level, which is now …. If inequality persists, China may get caught in the ¡°inequality-trap,¡± which may then lead to the middle income trap … (MIT). Fortunately, China still has the levers to pull to reduce inequality and avoid the MIT. Measures along both the …
Persistent link: https://www.econbiz.de/10010929808
The impact of income inequality on economic growth is dependent on several factors, including the time horizon … considered, the initial level of income and its initial distribution. Yet, as growth and inequality are also uneven across space … also seem pertinent to consider not just the levels of inequality and agglomeration, but also the changes they undergo (i …
Persistent link: https://www.econbiz.de/10009291609
This study complements the inclusive growth literature by examining the determinants and consequences of the middle class in a continent where economic growth has been relatively high. The empirical evidence is based on a sample of 33 African countries for a 2010 cross-sectional study. OLS,...
Persistent link: https://www.econbiz.de/10011409206
The new growth literature, using both endogenous growth and neoclassical models, has generated strong claims for the effect of national policies on economic growth. Empirical work on policies and growth has tended to confirm these claims. This paper casts doubt on this claim for strong effects...
Persistent link: https://www.econbiz.de/10014023772
within which official development assistance must operate and evolve if it is to remain useful. …
Persistent link: https://www.econbiz.de/10010225330
Persistent link: https://www.econbiz.de/10011492754
A renewed interest in explaining growth in the Caribbean countries is motivated by the somewhat slow but uneven performance in the past decade: per capita GDP gaps in Caribbean countries have widened in relation to the United States, whereas standard theories would predict convergence. This...
Persistent link: https://www.econbiz.de/10011292983
Some recent papers by Dell et al. (2009) and Dell et al. (2012) (DJO) relating weather and economic outcomes, have delivered meaningful messages with clear implications to the effects of a changing climate. In a nutshell, the authors claim that a 1°C increase in global average temperatures...
Persistent link: https://www.econbiz.de/10010517704