Showing 1 - 10 of 585
The "developing world's middle class" is defined here as those who are not poor when judged by the median poverty line …-fifths came from Asia, and half from China. Most of the new entrants remained fairly close to poverty, with incomes now bunched up …
Persistent link: https://www.econbiz.de/10005141919
The paper proposes an approach to understand the relationship between inequality and economic growth obtained by … dynamics of specific groups of the population and to infer the role of growth in the evolution of inequality of opportunity … recent crisis suffered by Italy from both the income inequality and opportunity inequality perspectives. …
Persistent link: https://www.econbiz.de/10010829735
In 2013, the World Bank adopted two goals: First, reduce global extreme poverty to 3 percent by 2030. Second, promote … simulates the global poverty headcount under three growth scenarios for the bottom 40 percent up to 2030. The analysis deploys a … percentage points faster than the mean, the World Bank's poverty goal is achieved with the global poverty falling to below 3 …
Persistent link: https://www.econbiz.de/10010962210
The author surveys recent growth models that try to explain the diversity among countries in rates of economic growth. The author finds that these models can generate differences in growth rates only in the absence of international capital markets. Under these models, if there were free...
Persistent link: https://www.econbiz.de/10004989767
The authors develop a simple analytical framework that shows how the composition of public spending affects economic growth. Distinguishing between productive and unproductive government spending (that which complements private sector productivity and that which does not), they show that...
Persistent link: https://www.econbiz.de/10004989807
The debate over the curse of natural resources has haunted developing countries for decades if not centuries. A review of existing empirical evidencesuggests that the curse remains elusive. The fragile negative effect of natural resources on economic growth might be due to international...
Persistent link: https://www.econbiz.de/10004989944
The authors investigate the relationship between foreign technology imports and economic growth in developing countries. They develop an intertemporal endogenous growth model that explicitly accepts foreign technology imports as a factor of production. The model establishes a link between the...
Persistent link: https://www.econbiz.de/10005106928
The authorexamines a range of cross-sectional variation in performance and policies for evidence on what distinguishes successes from failures. At about 6 percent, the growth rate of the Four Tigers - Hong Kong, the Republic of Korea, Singapore, and Taiwan (China) - are among the largest...
Persistent link: https://www.econbiz.de/10005079619
Are natural resources a blessing or a curse? The authors present a model in which natural resources have a positive effect on the level of income and a negative effect on its growth rate. The positive and permanent effect on income implies a welfare gain. There is a growth effect stemming from a...
Persistent link: https://www.econbiz.de/10005080078
The author, using a neoclassical Solow model, estimates an economy's rate of convergence to its own steady state. Using panel date for a sample of 98 countries, the author applies Chamberlain's (1984) estimation procedures to account for the presence of country-specific effects resulting from...
Persistent link: https://www.econbiz.de/10005080197