Author: Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 32
Book Description
Measuring the Pro - Poorness of Income Growth Within an Elasticity Framework
Author: Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 32
Book Description
Measuring the Pro-poorness of Income Growth Within an Elasticity Framework
Author: Boniface Essama-NssahPublisher:
ISBN:
Category : Crecimiento economico
Languages : en
Pages : 40
Book Description
Poverty reduction has become a fundamental objective of development, and therefore a metric for assessing the effectiveness of various interventions. Economic growth can be a powerful instrument of income poverty reduction. This creates a need for meaningful ways of assessing the poverty impact of growth. This paper follows the elasticity approach to propose a measure of pro-poorness defined as a weighted average of the deviation of a growth pattern from the benchmark case. The measure can help assess pro-poorness both in terms of aggregate poverty measures, which are members of the additively separable class, and at percentiles. It also lends itself to a decomposition procedure, whereby the overall pattern of income growth can be unbundled, and the contributions of income components to overall pro-poorness identified. An application to data for Indonesia in the 1990s reveals that the amount of poverty reduction achieved over that period remains far below what would have been achieved under distributional neutrality. This conclusion is robust to the choice of a poverty measure among members of the additively separable class, and can be tracked back to changes in expenditure components.
Links Between Growth, Inequality, and Poverty: A Survey
Author: Ms. Valerie CerraPublisher: International Monetary Fund
ISBN: 1513572660
Category : Business & Economics
Languages : en
Pages : 54
Book Description
Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The evidence suggests that growth can be effective in reducing poverty, but its impact on inequality is ambiguous and depends on the underlying sources of growth. The impact of poverty and inequality on growth is likewise ambiguous, as several channels mediate the relationship. But most plausible mechanisms suggest that poverty and inequality reduce growth, at least in the long run. Policies play a role in shaping these relationships and those designed to improve equality of opportunity can simultaneously improve inclusiveness and growth.
Causes and Consequences of Income Inequality
Author: Ms.Era Dabla-NorrisPublisher: International Monetary Fund
ISBN: 1513547437
Category : Business & Economics
Languages : en
Pages : 39
Book Description
This paper analyzes the extent of income inequality from a global perspective, its drivers, and what to do about it. The drivers of inequality vary widely amongst countries, with some common drivers being the skill premium associated with technical change and globalization, weakening protection for labor, and lack of financial inclusion in developing countries. We find that increasing the income share of the poor and the middle class actually increases growth while a rising income share of the top 20 percent results in lower growth—that is, when the rich get richer, benefits do not trickle down. This suggests that policies need to be country specific but should focus on raising the income share of the poor, and ensuring there is no hollowing out of the middle class. To tackle inequality, financial inclusion is imperative in emerging and developing countries while in advanced economies, policies should focus on raising human capital and skills and making tax systems more progressive.
A Unified Approach to Measuring Poverty and Inequality
Author: World BankPublisher: World Bank Publications
ISBN: 0821398644
Category : Reference
Languages : en
Pages : 389
Book Description
This book is an introduction to the theory and practice of poverty measurement. On completing this book you will be able to perform sophisticated analyses of income or consumption distribution for any standard household dataset using the ADePT program (a free download from the World Bank s website).
Inequality of Opportunity, Inequality of Income and Economic Growth
Author: Mr.Shekhar AiyarPublisher: International Monetary Fund
ISBN: 1484396987
Category : Business & Economics
Languages : en
Pages : 23
Book Description
We posit that the relationship between income inequality and economic growth is mediated by the level of equality of opportunity, which we identify with intergenerational mobility. In economies characterized by intergenerational rigidities, an increase in income inequality has persistent effects—for example by hindering human capital accumulation— thereby retarding future growth disproportionately. We use several recently developed internationally comparable measures of intergenerational mobility to confirm that the negative impact of income inequality on growth is higher the lower is intergenerational mobility. Our results suggest that omitting intergenerational mobility leads to misspecification, shedding light on why the empirical literature on income inequality and growth has been so inconclusive.
Inequality and Poverty Re-Examined
Author: Stephen P. JenkinsPublisher: OUP Oxford
ISBN: 0191527289
Category : Social Science
Languages : en
Pages : 325
Book Description
The issues surrounding poverty and inequality continue to be of central concern to academics, politicians and policy makers but the ways in which we seek to study and understand them continue to change over time. This accessible book seeks to provide a guide to some of the new approaches that have been developed in the light of international initiatives to reduce poverty and the notable changes in income inequality and poverty that have occurred across many western countries in recent years. These new approaches have to some degree been facilitated by the emergence of new techniques and a growing availability of data that enable cross national comparisons not only of income but also of measures of welfare such as educational achievement, nutritional status in developing countries and wealth and deprivation indicators in the developed world. Including specially commissioned research from a distinguished list of international authors, this volume makes a real contribution to the public debate surrounding inequality and poverty as well as providing new empirical information about them from around the world.
Poverty Reduction without Economic Growth? Explaining Brazil's Poverty Dynamics, 1985-2004
Author: Martin RavallionPublisher: World Bank Publications
ISBN:
Category : Agricultural Growth
Languages : en
Pages : 47
Book Description
Abstract: Brazil's slow pace of poverty reduction over the last two decades reflects both low growth and a low growth elasticity of poverty reduction. Using GDP data disaggregated by state and sector for a twenty-year period, this paper finds considerable variation in the poverty-reducing effectiveness of growth-across sectors, across space, and over time. Growth in the services sector was substantially more poverty-reducing than was growth in either agriculture or industry. Growth in industry had very different effects on poverty across different states and its impact varied with initial conditions related to human development and worker empowerment. The determinants of poverty reduction changed around 1994: positive growth rates and a greater (absolute) elasticity with respect to agricultural growth contributed to faster poverty reduction. But because there was so little of it, economic growth played a relatively small role in accounting for Brazil's poverty reduction between 1985 and 2004. The taming of hyperinflation (in 1994) and substantial expansions in social security and social assistance transfers, beginning in 1988, accounted for a larger share of the overall reduction in poverty.
A Poverty-Forcused Evaluation of Commodity Tax Options
Author: Publisher: World Bank Publications
ISBN:
Category :
Languages : en
Pages : 28
Book Description
Economic Growth and Poverty
Author: Nanak KakwaniPublisher: Edward Elgar Publishing
ISBN: 9781786439345
Category : Economic development
Languages : en
Pages : 0
Book Description
This single-volume compilation offers an insight to some of the most important questions economists and policymakers have been grappling over. A substantial amount of research has been carried out using cross-country regression models, resulting in a better and improved understanding of the linkage between economic growth and poverty reduction. The literature on cross-country regressions, however, has led to conflicting conclusions. Based on a selection of influential papers, and prefaced by a critical review of the literature, this collection covers an array of relevant topics and thought-provoking material. Scholars who envision a world free of extreme poverty will find this volume particularly valuable.