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poverty halved from 44 percent to 22 percent (respectively, defined using the World Bank's Europe and Central Asia regional … the world recession. Turkey's performance in poverty reduction and increased shared prosperity has been complemented by …
Persistent link: https://www.econbiz.de/10012573495
The paper examines the link between poverty, the middle class and institutional outcomes using a new cross-country panel dataset on the distribution of income and expenditure. It uses an econometric methodology to gauge whether a larger middle class has a causal effect on policy and...
Persistent link: https://www.econbiz.de/10012572464
Modern political economy stresses "society's polarization" as a determinant of development outcomes. Among the most common dorms of social conflict are class polarization, and ethnic polarization. A middle class consensus is defined as a high share of income for the middle class and a low degree...
Persistent link: https://www.econbiz.de/10012572754
inequality between the individuals in the world, by continent and by "region" (countries grouped by income level). They use a … world into three groups: the rich G7 countries (and those with similar income levels), the less developed countries (those …
Persistent link: https://www.econbiz.de/10012572934
In developing countries, younger and better-educated cohorts are entering the workforce. This developing world … of the world population. The findings under alternative assumptions suggest that global income inequality will likely …
Persistent link: https://www.econbiz.de/10012569923
uses a database assembled by the World Bank Group to investigate some basic characteristics of shared prosperity …
Persistent link: https://www.econbiz.de/10012560758
the Caribbean. Two are based on secondary sources: All the Ginis and the World Income Inequality Database; and one is … generated entirely through multiple-imputation methods: the Standardized World Income Inequality Database. Although there is …
Persistent link: https://www.econbiz.de/10012571446
Social welfare functions that assign weights to individuals based on their income levels can be used to document the relative importance of growth and inequality changes for changes in social welfare. In a large panel of industrial and developing countries over the past 40 years, most of the...
Persistent link: https://www.econbiz.de/10012572838
Global income inequality captures income differences among all individuals around the world. Global inequality around … the world increased from 1820 to 1990 as incomes in richer countries grew faster than incomes in relatively poorer … world decreased as populous and relatively poorer countries, in particular China, reduced the income gap with richer parts …
Persistent link: https://www.econbiz.de/10015372456
The World Bank recently introduced a new key indicator to guide its work: the number of countries with high inequality …, defined as a Gini index above 40. The new indicator was introduced as part of the new World Bank vision of ending poverty on a …
Persistent link: https://www.econbiz.de/10015113926