Links Between Growth, Inequality, and Poverty: A Survey

Links Between Growth, Inequality, and Poverty: A Survey PDF Author: Ms. Valerie Cerra
Publisher: International Monetary Fund
ISBN: 1513572660
Category : Business & Economics
Languages : en
Pages : 54

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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.

Links Between Growth, Inequality, and Poverty: A Survey

Links Between Growth, Inequality, and Poverty: A Survey PDF Author: Ms. Valerie Cerra
Publisher: International Monetary Fund
ISBN: 1513572660
Category : Business & Economics
Languages : en
Pages : 54

Get Book Here

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.

Poverty, Inequality, and Inclusive Growth in Asia

Poverty, Inequality, and Inclusive Growth in Asia PDF Author: Juzhong Zhuang
Publisher: Anthem Press
ISBN: 0857288067
Category : Business & Economics
Languages : en
Pages : 493

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Book Description
While Asia’s growth record in recent decades is remarkable, it has been marred by rising inequalities. This book looks at recent trends of income and non-income inequalities in developing Asian countries, discusses their underlying driving forces, and examines key policy issues that need to be addressed to ensure that the benefits of growth will be more equitably shared in Asia. The book also presents a set of country studies that provide rich information on growth, poverty and inequality dynamics and the policy challenges that arise in marching toward inclusive growth.

Growth, Inequality, and Poverty

Growth, Inequality, and Poverty PDF Author: Anthony Shorrocks
Publisher: Oxford University Press on Demand
ISBN: 9780199282241
Category : Business & Economics
Languages : en
Pages : 283

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Book Description
The relationship between growth, inequality, and poverty lies at the heart of development economics. This volume draws together many of the most important recent contributions to the controversies surrounding this topic. Some of the chapters help explain why there is profound disagreement on crucial issues of growth, poverty and inequality within academic circles, and among organizations and various groups active in the development field. Another central theme is the cross-country evidence on the relationship between growth and poverty, and the extent to which it is valid to draw policy conclusions from this empirical evidence. The volume also shows how new microeconomic techniques such as poverty maps and microsimulation models can be used to improve poverty analysis and the design of pro-poor policies. The overall conclusion points to the need for diverse strategies towards growth and poverty, rather than simple blanket policy rules. Initial conditions, specific country structures, and time horizons all play a significant role. Initial conditions affect the speed with which growth reduces poverty and can also determine whether policies such as trade liberalization have a pro-poor or an anti-poor outcome. Improved education is valuable in itself, and also contributes to poverty reduction; but its effect on inequality depends on supply and demand factors, which differ significantly across countries. Likewise, the quantitative impact on poverty of redistribution from the rich to the poor vis-a-vis an increase in total national income can vary greatly across countries. Hence the need for creative approaches to poverty which take full account of the specific circumstances of individual nations and which assign a central role to inequality analysis in the discussion of poverty-alleviation policies.

Growth, Inequality and Poverty

Growth, Inequality and Poverty PDF Author: Martin Ravallion
Publisher: World Bank Publications
ISBN:
Category : Bienestar economico y social
Languages : en
Pages : 32

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Book Description
One side in the current debate about who benefits from growth has focused solely on average impacts on poverty and inequality, while the other side has focused on the diverse welfare impacts found beneath the averages. Both sides have a point.

Imagine There's No Country

Imagine There's No Country PDF Author: Surjit S. Bhalla
Publisher: Peterson Institute
ISBN: 9780881323481
Category : Business & Economics
Languages : en
Pages : 292

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Book Description
Refer a critical discussion of the content in this book by Martin Ravallon in 'Economic and Political Weekly'. Vol. 37, 46, 2002. pp. 4638-4645.

The End of Poverty

The End of Poverty PDF Author: Peter Edward
Publisher:
ISBN: 9783030147655
Category : Economic development
Languages : en
Pages : 89

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Book Description
In this book Edward and Sumner argue that to better understand the impact of global growth on poverty it is necessary to consider what happens across a wide range of poverty lines. Starting with the same datasets used to produce official estimates of global poverty, they create a model of global consumption that spans the entire world's population. They go on to demonstrate how their model can be utilised to understand how different poverty lines imply very different visions of how the global economy needs to work in order for poverty to be eradicated. Peter Edward is Director of the MBA programme and Lecturer in International Business Management at Newcastle University Business School, UK. His research focuses on business ethics and corporate social responsibility, the changing role of business in society and the impact of global economic growth on major societal challenges, particularly on poverty and inequality. Andy Sumner is Reader in International Development at King's College London, UK. His research focuses on global poverty and the distributional and welfare dynamics of late economic development in developing countries.

Income Inequality Trends in Sub-Saharan Africa

Income Inequality Trends in Sub-Saharan Africa PDF Author: Ayodele F. Odusola
Publisher:
ISBN: 9789211264241
Category : Africa, Sub-Saharan
Languages : en
Pages : 43

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Book Description


Poverty, Inequality and Development

Poverty, Inequality and Development PDF Author: Alain de Janvry
Publisher: Springer Science & Business Media
ISBN: 0387297480
Category : Business & Economics
Languages : en
Pages : 390

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Book Description
This collection of essays honors a remarkable man and his work. Erik Thorbecke has made significant contributions to the microeconomic and the macroeconomic analysis of poverty, inequality and development, ranging from theory to empirics and policy. The essays in this volume display the same range. As a collection they make the fundamental point that deep understanding of these phenomena requires both the micro and the macro perspectives together, utilizing the strengths of each but also the special insights that come when the two are linked together. After an overview section which contains the introductory chapter and a chapter examining the historical roots of Erik Thorbecke's motivations, the essays in this volume are grouped into four parts, each part identifying a major strand of Erik's work—Measurement of Poverty and Inequality, Micro Behavior and Market Failure, SAMs and CGEs, and Institutions and Development. The range of topics covered in the essays, written by leading authorities in their own areas, highlight the extraordinary depth and breadth of Erik Thorbecke's influence in research and policy on poverty, inequality and development. Acknowledgements These papers were presented at a conference in honor of Erik Thorbecke held at Cornell University on October 10-11, 2003. The conference was supported by the funds of the H. E. Babcock Chair in Food, Nutrition and Public Policy, and the T. H. Lee Chair in World Affairs at Cornell University.

How to Achieve Inclusive Growth

How to Achieve Inclusive Growth PDF Author: Valerie Cerra
Publisher: Oxford University Press
ISBN: 0192846930
Category : Business & Economics
Languages : en
Pages : 901

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Book Description
This is an open access title available under the terms of a CC BY-NC-ND 4.0 International licence. It is free to read at Oxford Scholarship Online and offered as a free PDF download from OUP and selected open access locations. Rising inequality and widespread poverty, social unrest and polarization, gender and ethnic disparities, declining social mobility, economic fragility, unbalanced growth due to technology and globalization, and existential danger from climate change are urgent global concerns of our day. These issues are intertwined. They therefore require a holistic framework to examine their interplay and bring the various strands together. Leading academic economists have partnered with experts from several international institutions to explain the sources and scale of these challenges. They gather a wide array of empirical evidence and country experiences to lay out practical policy solutions and to devise a comprehensive and unified plan of action for combatting these economic and social disparities. This authoritative book is accessible to policy makers, students, and the general public interested in how to craft a brighter future by building a sustainable, green, and inclusive society in the years ahead.

Inequality and Growth

Inequality and Growth PDF Author: Theo S. Eicher
Publisher: MIT Press
ISBN: 0262050692
Category : Economic development
Languages : en
Pages : 343

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Book Description
Essays exploring the relationship between economic growth and inequality and the implications for policy makers.