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In many countries extreme poverty is unnecessary. Yet it persists. We propose a simple index, denoted the Miser index …, to measure the extent to which societies have poverty in the midst of affluence. It builds on the generalized Lorenz … high growth rates do not moderate miserliness. Finally, considering the world as a single entity, we find a dramatic rise …
Persistent link: https://www.econbiz.de/10003808963
poverty module (GlobPov), we assess the implication of the IPCC SRES scenarios on global poverty and inequality. We find that … global poverty and inequality measures are sensitive to the downscaling methodology used. Our results show that future … economic growth is crucial for poverty reduction. Higher per capita incomes tend to favour poverty reduction, while higher …
Persistent link: https://www.econbiz.de/10008736186
, inequality, and government spending on poverty reduction. A new panel dataset has been assembled on inequality and poverty that …
Persistent link: https://www.econbiz.de/10013318088
This paper investigates the effect of firm-level investment on the levels of income inequality and poverty. Using a …-level investment is also negatively related to several measures of poverty. Overall, our results indicate that firm-level capital … reducing inequality and poverty. Our results may also be beneficial to policy makers as they consider a variety of regulatory …
Persistent link: https://www.econbiz.de/10014238707
The literature on the contributions to poverty reduction of average improvements in living standards vs. distributional … changes uses only one measure of well-being - income or expenditure. Given that poverty is defined by deprivation over …
Persistent link: https://www.econbiz.de/10014062096
The future of Africa now depends largely on the nature and outlook of its economic vision and the realignment of … national institutions to reflect major trends in global and regional economic affairs. Ongoing political reforms in Africa have … provides elements of a strategic policy outlook for Africa's economic renewal and growth, emphasising the role of science …
Persistent link: https://www.econbiz.de/10013065057
Persistent link: https://www.econbiz.de/10009719804
This paper studies whether the advent of financial globalisation has contributed to increasing wealth inequality in the United States, France, and the United Kingdom. I find that (i) positive changes in the benchmark measure of financial globalisation are associated with a positive change in the...
Persistent link: https://www.econbiz.de/10014237835
Purpose - The purpose of this paper is to assess the effects of trade and financial globalization on human development … variables are exogenous to the endogenous components of explaining variables (globalization dynamic channels) conditional on … alternative globalization indicators; (2) endogeneity based estimation; (3) adoption of two interchangeable sets of instruments …
Persistent link: https://www.econbiz.de/10011410069
Purpose – The purpose of this paper is to assess the effects of trade and financial globalization on human development … variables are exogenous to the endogenous components of explaining variables (globalization dynamic channels) conditional on … alternative globalization indicators; (2) endogeneity based estimation; (3) adoption of two interchangeable sets of instruments …
Persistent link: https://www.econbiz.de/10013032586