Raising the minimum wage in developing countries could increase or decrease poverty, depending on labor market … poor households. Whether raising minimum wages reduces poverty depends not only on whether formal sector workers lose jobs …

impact of financial literacy on poverty, which is a downstream welfare indicator. Consequently, we have constructed a … composite financial literacy index. Our results reveal that financial literacy plays an important role in reducing poverty. This …

poverty. Yet, the question of whether access to credit leads to poverty reduction and improved wellbeing remains open. To … developing world, and develop a theory of change that links inputs to impacts on several welfare outcomes. Overall, we find that … income, consumption, human capital and assets, and, ultimately, a reduction in poverty. …

This chapter reviews the empirical evidence on the levels and trends in income/consumption inequality and poverty in … poverty across countries and regions, an assessment of trends in these variables since the early 1980s, and a general … discussion of their determinants. There has been tremendous progress in the measurement of inequality and poverty in the …

The aim of this article is to investigate the causal relationship between remittances and poverty reduction for 14 …-stationary dynamic panel data. Our estimation results reveal that causality nexus of poverty and remittances is bi-directional. We also … find that the causal impact of poverty reduction on remittance is stronger than the reverse impact. Indeed, despite of its …

This paper proposes an empirical framework that relates poverty reduction to production growth. We use the GGDC … contributions are used in a regression analysis, which indicates that poverty reduction is significantly related to structural … productivity growth account for a substantial share of poverty reduction in developing Asia and sub-Saharan Africa, and that …

Of the world’s 6.7 billion people (as of 2008), 1.3 billion lived on less than $1.25 Purchasing Power Parity dollars … scourge of absolute economic misery among billions of the world’s people is one of the most serious problems facing humankind … today. Unemployment (defined below) befalls about 200 million of the world’s people - a sizeable number but small compared …

Thousands of scenarios are used to provide updated estimates for the impacts of climate change on extreme poverty in … 2030. The range of the number of people falling into poverty due to climate change is between 32 million and 132 million in … most scenarios. These results are commensurate with available estimates for the global poverty increase due to COVID-19 …