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  • 1
    Online Resource
    Online Resource
    Twinning the Goals : How Can Promoting Shared Prosperity Help to Reduce Global Poverty? (2014)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (29 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Lakner, Christoph Twinning the Goals
    Abstract: In 2013, the World Bank adopted two goals: First, reduce global extreme poverty to 3 percent by 2030. Second, promote shared prosperity defined as the income growth of the bottom 40 percent of the population within a country. This paper simulates the global poverty headcount under three growth scenarios for the bottom 40 percent up to 2030. The analysis deploys a set of "shared prosperity premiums," in which the bottom 40 percent in each country grows at a differential rate from the projected growth in the mean. With no distributional change, the global headcount reaches between 6.7 and 4.7 percent in 2030, depending on the average growth scenario used for the simulations. However, if the incomes of the bottom 40 percent grow 2 percentage points faster than the mean, the World Bank' poverty goal is achieved with the global poverty falling to below 3 percent in 2030 in the scenarios which average growth rates are extrapolated from the early 2000s. While such a "shared prosperity premium" is not unprecedented in recent growth spells, maintaining it over 20 years in every country is optimistic. The paper shows that in the baseline growth scenario, the global poverty rate could either reach the 3 percent target, or be close to 10 percent, depending on the "shared prosperity premium
    DOI: 10.1596/1813-9450-7106
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 2
    Online Resource
    Online Resource
    Global Income Distribution : From the Fall of the Berlin Wall to the Great Recession (2013)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (62 p)
    Edition: 2013 World Bank eLibrary
    Parallel Title: Lakner, Christoph Global Income Distribution
    Abstract: The paper presents a newly compiled and improved database of national household surveys between 1988 and 2008. In 2008, the global Gini index is around 70.5 percent having declined by approximately 2 Gini points over this twenty year period. When it is adjusted for the likely under-reporting of top incomes in surveys by using the gap between national accounts consumption and survey means in combination with a Pareto-type imputation of the upper tail, the estimate is a much higher global Gini of almost 76 percent. With such an adjustment the downward trend in the Gini almost disappears. Tracking the evolution of individual country-deciles shows the underlying elements that drive the changes in the global distribution: China has graduated from the bottom ranks, modifying the overall shape of the global income distribution in the process and creating an important global "median" class that has transformed a twin-peaked 1988 global distribution into an almost single-peaked one now. The "winners" were country-deciles that in 1988 were around the median of the global income distribution, 90 percent of whom in terms of population are from Asia. The "losers" were the country-deciles that in 1988 were around the 85th percentile of the global income distribution, almost 90 percent of whom in terms of population are from mature economies
    DOI: 10.1596/1813-9450-6719
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 3
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    Online Resource
    The Incidence of Subsidies to Residential Public Services in Argentina : The Subsidy System in 2014 and Some Alternatives (2016)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (1 pages)
    Series Statement: World Bank E-Library Archive
    Series Statement: Other papers
    Abstract: More than a decade of energy and transport subsidies have weakened Argentina's fiscal capacity. Following the 2001 crisis, public services tariffs were frozen in an attempt to offset the negative effects on households' real purchasing power. However, these subsidies steadily increased over the years, particularly since 2006, becoming a significant fiscal burden. Though subsidies can be a tool to protect the poor, in Argentina they led to distortions and a large share have been absorbed by upper classes and non-residential consumers. This report starts by analyzing the incidence of the 2014 system of residential federal subsidies to residential public services (defined as electricity, gas, water and transport) building on the work by Puig and Salinardi (2015). This paper consists of six main sections. Section two presents the results on the incidence of subsidies to public services. Section three simulates the distributional impacts of alternative systems for electricity, gas and transport subsidies. Section four concludes. The methodological Appendix provides full details of the methods and data used in this paper
    DOI: 10.1596/24987
    URL: Deutschlandweit zugänglich
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  • 4
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    Online Resource
    Global Inequality : The Implications of Thomas Piketty's Capital in the 21st Century (2016)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (23 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Lakner, Christoph Global Inequality: The Implications of Thomas Piketty's Capital in the 21st Century
    Abstract: In the 2000s, global inequality fell for the first time since the Industrial Revolution, driven by a decline in the dispersion of average incomes across countries. Between 1988 and 2008, a period of rapidly increasing global integration, income growth was largest for the global top 1 percent and for country-deciles in Asia, often in the upper halves of the national distributions, while the poorer deciles in rich countries lagged behind. Although within-country inequality increased in population-weighted terms, for the average developing country the rise in inequality slowed down in the second half of the 2000s. However, like any analysis based on household surveys, these results could miss important increases in inequality if they are concentrated at the top. These data constraints remain especially serious in developing countries where only very limited information on the top tail exists, especially regarding capital incomes
    DOI: 10.1596/1813-9450-7776
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 5
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    Online Resource
    A New Distribution Sensitive Index for Measuring Welfare, Poverty, and Inequality (2023)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (51 pages)
    Parallel Title: Erscheint auch als Kraay, Aart A New Distribution Sensitive Index for Measuring Welfare, Poverty, and Inequality
    Keywords: Economic Theory and Research ; Inequality Index ; Macroeconomics and Economic Growth ; Poverty Index ; Poverty Informatics ; Poverty Reduction ; Shared Prosperity ; Welfare Index
    Abstract: Simple welfare indices such as mean income are ubiquitous but not distribution sensitive. In contrast, existing distribution sensitive welfare indices are rarely used, often because they are difficult to explain and/or lack intuitive units. This paper proposes a simple new distribution sensitive welfare index with intuitive units: the average factor by which individual incomes must be multiplied to attain a given reference level of income. This new index is subgroup decomposable with population weights and satisfies the three main definitions of distribution sensitivity in the literature. Variants on this index can be used as distribution sensitive poverty measures and as inequality measures, with the same simple intuitive units. The properties of the new index are illustrated using the global distribution of income across individuals between 1990 and 2019, as well as with selected country comparisons. Finally, the index can be used to define the "prosperity gap" as a proposed new measure of "shared prosperity," one of the twin goals of the World Bank
    DOI: 10.1596/1813-9450-10470
    URL: Deutschlandweit zugänglich
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  • 6
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    Online Resource
    How much does reducing inequality matter for global poverty? (2019)
    Washington, DC, USA : World Bank Group, Development Data Group, Development Research Group & Poverty and Equity Global Practice
    Details
    Language: English
    Pages: 1 Online-Ressource (circa 24 Seiten) , Illustrationen
    Series Statement: Policy research working paper 8869
    Series Statement: World Bank E-Library Archive
    Series Statement: Policy research working paper
    Parallel Title: Erscheint auch als Lakner, Christoph How Much Does Reducing Inequality Matter for Global Poverty?
    Keywords: Graue Literatur
    Abstract: The goals of ending extreme poverty by 2030 and working toward a more equal distribution of income are prominent in international development and agreed upon in the United Nations' Sustainable Development Goals 1 and 10. Using data from 164 countries comprising 97 percent of the world's population, this paper simulates a set of scenarios for global poverty from 2018 to 2030 under different assumptions about growth and inequality. This allows for quantifying the interdependence of the poverty and inequality goals. The paper uses different assumptions about growth incidence curves to model changes in inequality and relies on the Model-based Recursive Partitioning machine-learning algorithm to model how growth in GDP is passed through to growth as observed in household surveys. When holding within-country inequality unchanged and letting GDP per capita grow according to International Monetary Fund forecasts, the simulations suggest that the number of extreme poor (living below USD 1.90/day) will remain above 550 million in 2030, resulting in a global extreme poverty rate of 6.5 percent. If the Gini index in each country decreases by 1 percent per year, the global poverty rate could reduce to around 5.4 percent in 2030, equivalent to 100 million fewer people living in extreme poverty. Reducing each country's Gini index by 1 percent per year has a larger impact on global poverty than increasing each country's annual growth 1 percentage point above the forecasts, suggesting an important role for inequality on the path to eliminating extreme poverty
    DOI: 10.1596/1813-9450-8869
    URL: Volltext  (lizenzpflichtig)
    URL: Deutschlandweit zugänglich
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  • 7
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    Online Resource
    Intergenerational Mobility around the World (2021)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (47 pages)
    Parallel Title: Erscheint auch als Print Version: van der Weide, Roy Intergenerational Mobility around the World
    Abstract: Using individual data from over 400 surveys, this paper compiles a global database of intergenerational mobility in education for 153 countries covering 97 percent of the world's population. For 87 percent of the world's population, it provides trends in intergenerational mobility for individuals born between 1950 to 1989. The findings show that absolute mobility in education-the share of respondents that obtains higher levels of education than their parents-is higher in the developed world despite the higher levels of parental educational attainment. Relative mobility-measuring the degree of independence between parent and child years of schooling-is also found to be greater in the developed world. Together, these findings point to severe challenges in intergenerational mobility in the poorest parts of the world. Beyond national income levels, the paper explores the correlation between intergenerational mobility and a variety of country characteristics. Countries with higher rates of mobility have (i) higher tax revenues and rates of government expenditures, especially on education; (ii) better child health indicators (less stunting and lower infant mortality); (iii) higher school quality (more teachers per pupil and fewer school dropouts); and (iv) less residential segregation
    DOI: 10.1596/1813-9450-9707
    URL: Deutschlandweit zugänglich
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  • 8
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    Online Resource
    The Distribution of Consumption Expenditure in Sub-Saharan Africa : The Inequality among All Africans (2016)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (34 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als Jirasavetakul, La-Bhus Fah The Distribution of Consumption Expenditure in Sub-Saharan Africa: The Inequality among All Africans
    Abstract: This paper uses a set of national household surveys to study the regional Sub-Saharan Africa distribution of consumption expenditure among individuals during 1993 to 2008. The analysis puts the disparities in living standards that exist among persons in Africa into context with the disparities that exist within and between African countries. Regional interpersonal inequality has increased (from a Gini index of 52 percent in 1993 to 56 percent in 2008), driven by increasing disparities in living standards across countries, while there has been no systematic increase in within-country inequality. For the African distribution as a whole, growth of consumption expenditure (from household surveys) has been low (around 1 percent per year). This growth has been uneven and as a result the richest 5 percent of Africans received around 40 percent of the total gains, while the bottom third stagnated
    DOI: 10.1596/1813-9450-7557
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 9
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    Online Resource
    Inequality of Opportunity and Economic Growth : A Cross-Country Analysis (2014)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: Online-Ressource (40 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Ferreira, Francisco H. G Inequality of Opportunity and Economic Growth
    Abstract: Income differences arise from many sources. While some kinds of inequality, caused by effort differences, might be associated with faster economic growth, other kinds, arising from unequal opportunities for investment, might be detrimental to economic progress. This study uses two new metadata sets, consisting of 118 household surveys and 134 Demographic and Health Surveys, to revisit the question of whether inequality is associated with economic growth and, in particular, to examine whether inequality of opportunity-driven by circumstances at birth-has a negative effect on subsequent growth. The results are suggestive but not robust: while overall income inequality is generally negatively associated with growth in the household survey sample, we find no evidence that this is due to the component associated with unequal opportunities. In the Demographic and Health Surveys sample, both overall wealth inequality and inequality of opportunity have a negative effect on growth in some of the preferred specifications, but the results are not robust to relatively minor changes. On balance, although the results are suggestive of a negative association between inequality and growth, the data do not permit robust conclusions as to whether inequality of opportunity is bad for growth
    DOI: 10.1596/1813-9450-6915
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 10
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    Online Resource
    Is Inequality Underestimated in Egypt? Evidence from House Prices (2016)
    Washington, D.C : The World Bank
    Details
    Language: English
    Pages: 1 Online-Ressource (31 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als van der Weide, Roy Is Inequality Underestimated in Egypt? Evidence from House Prices
    Abstract: Household income surveys often fail to capture top incomes which leads to an underestimation of income inequality. A popular solution is to combine the household survey with data from income tax records, which has been found to result in significant upward corrections of inequality estimates. Unfortunately, tax records are unavailable in many countries, including most of the developing world. In the absence of data from tax records, this study explores the feasibility of using data on house prices to estimate the top tail of the income distribution. In an application to Egypt, where estimates of inequality based on household surveys alone are low by international standards, the study finds strong evidence that inequality is indeed being underestimated by a considerable margin. The Gini index for urban Egypt is found to increase from 36 to 47 after correcting for the missing top tail
    DOI: 10.1596/1813-9450-7727
    URL: Volltext  (Deutschlandweit zugänglich)
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