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Gini coefficient for world income falls by about 3% and the share of the bottom decile rises by 81% on average from 2015 to …
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The Philippines has made considerable progress in attaining the Millennium Development Goals (MDGs). However achieving all the targets remains a daunting challenge, with goals for poverty, education and maternal mortality unlikely to be attained by 2015. Focus has now shifted to informing the...
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In this paper, we argue that a better understanding of the relationship between inequality and economic growth can be obtained by shifting the analysis from the space of final achievements to the space of opportunities. To this end, we introduce a formal framework based on the concept of the...
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