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The middle-income trap is a serious problem in developing Asia and Pacific economies. Middle-income trap is the situation in which a country's growth slows after reaching middle-income levels and the transition to high-income levels becomes unattainable. International remittances of immigrants...
Persistent link: https://www.econbiz.de/10012015038
Conflict depletes all forms of human and social capital, as well as supporting institutions. The scale of the human damage can overwhelm public action, as there are many competing priorities and resources are often insufficient. What then should be the priorities for 'post-conflict' policy?...
Persistent link: https://www.econbiz.de/10011316660
This paper uses household surveys from 13 developing countries to describe consumption choices, health and education investments, employment patterns and other features of the of the economic lives of the middle classes defined as those whose daily consumption per capita is between $2 and $4 or...
Persistent link: https://www.econbiz.de/10014221786
In a polarised and highly unequal country such as South Africa, it is unlikely that a definition of the middle class that is based on an income threshold will adequately capture the political and social meanings of being middle class. We therefore propose a multi-dimensional definition, rooted...
Persistent link: https://www.econbiz.de/10011388311
Catastrophes in Sudan are of many dimensions. Food security is a chronic and intrinsic problem in Sub Saharan Africa which is a fact recognized by the international society. Political instability, civil wars and finally recent secession of its Southern part is another fact which may be taken as...
Persistent link: https://www.econbiz.de/10013122410
The capability approach developed by Sen represents a proposal for the evaluation of individual well-being and social development centered on people and away - but not exclusive - of materiality. In the present article describes the capability approach developed by Sen and examines the...
Persistent link: https://www.econbiz.de/10011756305
The majority of the world's poor, by income poverty and multi-dimensional poverty, now live in countries officially … ending aid. In light of this, this paper considers two competing perspectives on this changing pattern of global poverty: the … mutually exclusive, is that global poverty is gradually in the process of 'nationalizing', at least in terms of resources …
Persistent link: https://www.econbiz.de/10009752790
income levels and the close linkage between growth and poverty reduction in standard neoclassic growth theory and associated …Martin Ravallion ("Why Don't We See Poverty Convergence?" American Economic Review, 102(1): 504-523; 2012) presents … evidence against the existence of poverty convergence in aggregate data despite the conditional convergence of per capita …
Persistent link: https://www.econbiz.de/10013062198
the world's richest 1 per cent, while just a modest amount of redistribution would have ended $2 poverty. If the share of … just 12 per cent, this would have been sufficient to end $2 poverty today. Persistence of global poverty, it seems, is not …
Persistent link: https://www.econbiz.de/10010251665
income levels and the close linkage between growth and poverty reduction in standard neoclassic growth theory and associated …Martin Ravallion ("Why Don't We See Poverty Convergence?" American Economic Review, 102(1): 504-23; 2012) presents … evidence against the existence of poverty convergence in aggregate data despite the conditional convergence of per capita …
Persistent link: https://www.econbiz.de/10010360158