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  • 1
    Language: English
    Pages: Online-Ressource (30 p)
    Edition: 2014 World Bank eLibrary
    Parallel Title: Olinto, Pedro Accelerating Poverty Reduction in a Less Poor World
    Abstract: This paper re-examines the roles of changes in income and inequality in poverty reduction. The study provides estimates of the relative effects of inequality reduction versus growth promotion in reducing poverty for countries with different levels of initial poverty. The analysis uses country panel-data for 1980-2010. The results indicate that, as countries become less poor, inequality-reducing policies are likely to become relatively more effective for poverty reduction than growth-promoting policies. The results indicate that the growth elasticity of poverty reduction either increases or remains constant with the level of initial poverty. Nevertheless, the results also strongly indicate that, as poverty declines, the inequality elasticity of poverty reduction increases faster. Therefore, if the marginal cost of reducing inequality relative to the marginal cost of increasing growth does not increase with lower poverty levels, to accelerate poverty reduction, greater emphasis should be given to equity rather than growth as countries attain higher levels of development
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 2
    Language: English
    Pages: Online-Ressource (1 online resource (28 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Deininger, Klaus Why Liberalization Alone Has Not Improved Agricultural Productivity in Zambia
    Keywords: Cred Demand ; Economic Theory and Research ; Exports ; Finance and Financial Sector Development ; Financial Literacy ; Fiscal Policies ; GDP ; Goods ; Inputs ; Labor Policies ; Macro-Economic Policies ; Macroeconomics and Economic Growth ; Markets ; Markets and Market Access ; Overvalued Exchange Rates ; Ownership ; Prices ; Production ; Production Function ; Productive Assets ; Productivity ; Risk Aversion ; Social Protections and Labor ; Subsidies ; Total Factor Productivity ; Welfare ; Cred Demand ; Economic Theory and Research ; Exports ; Finance and Financial Sector Development ; Financial Literacy ; Fiscal Policies ; GDP ; Goods ; Inputs ; Labor Policies ; Macro-Economic Policies ; Macroeconomics and Economic Growth ; Markets ; Markets and Market Access ; Overvalued Exchange Rates ; Ownership ; Prices ; Production ; Production Function ; Productive Assets ; Productivity ; Risk Aversion ; Social Protections and Labor ; Subsidies ; Total Factor Productivity ; Welfare ; Cred Demand ; Economic Theory and Research ; Exports ; Finance and Financial Sector Development ; Financial Literacy ; Fiscal Policies ; GDP ; Goods ; Inputs ; Labor Policies ; Macro-Economic Policies ; Macroeconomics and Economic Growth ; Markets ; Markets and Market Access ; Overvalued Exchange Rates ; Ownership ; Prices ; Production ; Production Function ; Productive Assets ; Productivity ; Risk Aversion ; Social Protections and Labor ; Subsidies ; Total Factor Productivity ; Welfare
    Abstract: March 2000 - Policies to foster accumulation of the assets needed for agricultural production (including draft animals and implements) and to provide complementary public goods (education, credit, and good agricultural extension services) could greatly help reduce poverty and improve productivity in Zambia. Deininger and Olinto use a large panel data set from Zambia to examine factors that could explain the relatively lackluster performance of the country's agricultural sector after liberalization. Zambia's liberalization significantly opened the economy but failed to alter the structure of production or help realize efficiency gains. They reach two main conclusions. First, not owning productive assets (in Zambia, draft animals and implements) limits improvements in agricultural productivity and household welfare. Owning oxen increases income directly, allows farmers to till their fields efficiently when rain is delayed, increases the area cultivated, and improves access to credit and fertilizer markets. Second, the authors reject the hypothesis that the application of fertilizer is unprofitable because of high input prices. Rather, fertilizer use appears to have declined because of constraints on supplies, which government intervention exacerbated instead of alleviating. (Extending the use of fertilizer to the many producers not currently using it would be profitable, but increasing the amount applied by the few producers who now have access to it would not be.) Policies to foster accumulation of the assets needed for agricultural production (including draft animals and implements) and to provide complementary public goods (education, credit, and good agricultural extension services) could greatly help reduce poverty and improve productivity. This paper - a product of Rural Development, Development Research Group - is part of a larger effort in the group to analyze determinants of rural growth and market participation. The authors may be contacted at kdeiningerworldbank.org or polinto@worldbank.org
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 3
    Online Resource
    Online Resource
    Washington, D.C : The World Bank
    Language: English
    Pages: Online-Ressource (1 online resource (34 p.))
    Edition: Online-Ausg. World Bank E-Library Archive
    Parallel Title: Deininger, Klaus Asset Distribution, Inequality, and Growth
    Keywords: Asset Distribution ; Asset Inequality ; Consumption ; Economic Growth ; Economic Policy ; Economic Theory and Research ; Empirical Evidence ; Equity and Development ; Exogenous Shocks ; Factor Endowments ; Finance and Financial Sector Development ; Financial Literacy ; Growth Literature ; Growth Regressions ; Human Capital ; Income ; Income Inequality ; Inequality ; Inequality ; Inequality-Growth Relationship ; Investment and Investment Climate ; Labor Policies ; Long-Term Growth ; Macroeconomics and Economic Growth ; Negative Impact ; Negative Relationship ; Policy Level ; Political Economy ; Poverty Impact Evaluation ; Poverty Reduction ; Pro-Poor Growth ; Property Rights ; Rural Development ; Rural Poverty Reduction ; Social Protections and Labor ; Asset Distribution ; Asset Inequality ; Consumption ; Economic Growth ; Economic Policy ; Economic Theory and Research ; Empirical Evidence ; Equity and Development ; Exogenous Shocks ; Factor Endowments ; Finance and Financial Sector Development ; Financial Literacy ; Growth Literature ; Growth Regressions ; Human Capital ; Income ; Income Inequality ; Inequality ; Inequality ; Inequality-Growth Relationship ; Investment and Investment Climate ; Labor Policies ; Long-Term Growth ; Macroeconomics and Economic Growth ; Negative Impact ; Negative Relationship ; Policy Level ; Political Economy ; Poverty Impact Evaluation ; Poverty Reduction ; Pro-Poor Growth ; Property Rights ; Rural Development ; Rural Poverty Reduction ; Social Protections and Labor
    Abstract: June 2000 - Policymakers addressing the impact of inequality on growth should be more concerned about households' access to assets - and to the opportunities associated with them - than about the distribution of income. Asset inequality - but not income inequality - has a relatively great negative impact on growth and also reduces the effectiveness of educational interventions. With the recent resurgence of interest in equity, inequality, and growth, the possibility of a negative relationship between inequality and economic growth has received renewed interest in the literature. Faced with the prospect that high levels of inequality may persist and give rise to poverty traps, policymakers are paying more attention to the distributional implications of macroeconomic policies. Because high levels of inequality may hurt overall growth, policymakers are exploring measures to promote growth and equity at the same time. How the consequences of inequality are analyzed, along with the possible cures, depends partly on how inequality is measured. Deininger and Olinto use assets (land) rather than income - and a GMM estimator - to examine the robustness of the relationship between inequality and growth that has been observed in the cross-sectional literature but has been drawn into question by recent studies using panel techniques. They find evidence that asset inequality - but not income inequality - has a relatively large negative impact on growth. They also find that a highly unequal distribution of assets reduces the effectiveness of educational interventions. This means that policymakers should be more concerned about households' access to assets, and to the opportunities associated with them, than about the distribution of income. Long-term growth might be improved by measures to prevent large jumps in asset inequality - possibly irreversible asset loss because of exogenous shocks - and by policies to facilitate asset accumulation by the poor. This paper - a product of Rural Development, Development Research Group - is part of a larger effort in the group to examine the determinants and impact of inequality. The authors may be contacted at kdeiningerworldbank.org or polinto@worldbank.org
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 4
    Language: Spanish
    Pages: 1 Online-Ressource (364 p)
    Series Statement: World Bank E-Library Archive
    Parallel Title: Erscheint auch als
    Abstract: En este informe se analiza el impacto de las transferencias monetarias condicionadas (TMC) en los resultados actuales en terminos de pobreza, educacion, salud y nutricion. Para ello, se utiliza como fundamento una gran cantidad de evaluaciones de impacto de programas de TMC cuidadosamente elaboradas. Especificamente, se plantea un marco conceptual que analiza la justificacion economica y politica de las TMC; se examina la creciente evidencia empirica acumulada sobre las TMC, en especial aquella proveniente de evaluaciones de impacto; se analiza como el marco conceptual y los resultados sobre los impactos deben utilizarse como insumos para el diseno de programas de TMC en la practica, y se estudia que lugar ocupan las TMC en el contexto mas amplio de las politicas sociales
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 5
    Language: English
    Pages: 1 Online-Ressource (34 pages)
    Parallel Title: Erscheint auch als He, Yiming Synthesis of the Impacts of Covid-19 on India's Labor Market: Looking at People, Places and Policies
    Keywords: COVID-19 Pandemic Impact ; Employment of Marginalized Social Groups ; Gender and Rural Labor ; Informal Jobs ; International Economics and Trade ; Labor Market ; Post-Pandemic Employment Recovery
    Abstract: This paper examines the impact of Covid-19 on a host of labor market outcomes in India, using a continuous household survey. Cross-sectional trends of headline indicators like unemployment and labor force participation indicate a quick recovery after the unprecedented shock of the pandemic. However, women, marginalized social groups, and youth were more adversely affected, largely due to the nature of their employment before the pandemic. Next, a fixed-cohort analysis with a difference-in-differences regression framework is used to follow the labor market trajectories of a Covid-affected cohort and a pre-Covid cohort for comparison, over a span of 12-16 months. A story of downward transitions emerges, with movements out of the labor force, into more informal and lower-paid types of work in agriculture and rural areas. Higher education and being located in dense, urban areas partially mediated the adverse shocks of Covid-19. Lastly, India's extensive vaccination campaign had significant positive impacts on employment recovery
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