Franklin

Benchmarking Global Poverty Reduction [electronic resource] Martin Ravallion

Author/Creator:
Ravallion, Martin
Other Title:
World Bank working papers.
Publication:
Washington, D.C., The World Bank, 2012
Series:
Policy research working papers.
World Bank e-Library.
Format/Description:
Government document
Book
1 online resource
System Details:
Mode of access: World Wide Web.
Summary:
Against what standards should we judge the developing world's overall performance against poverty going forward? The paper proposes two measures, each with both "optimistic" and "ambitious" targets for 2022, 10 years from the time of writing. The first measure is absolute consumption poverty, as judged by what "poverty" means in the poorest countries. The second is a new relative poverty measure, embracing social inclusion needs consistently with national poverty lines. The optimistic benchmark would entail an absolute poverty rate of 9 percent in 2022, and a relative poverty rate of 40 percent. The more ambitious targets would bring the absolute rate down to 3 percent and the relative rate to 33 percent. The optimistic target would maintain the (impressive) progress against poverty of the last 20 years, without global crises to stall that progress. The ambitious target would require about a 1 percentage point higher growth rate for the gross domestic product of the developing world, as long as this did not come with a reduction in the household sector's share or any further increase in overall inequality after its level in 2008. Alternatively, the 3 percent target could be reached at currently expected growth rates but at the lower level of inequality in 1999.
Notes:
Description based on print version record.
Contributor:
Ravallion, Martin
World Bank.
Other format:
Print version: Ravallion, Martin Benchmarking Global Poverty Reduction.
Publisher Number:
10.1596/1813-9450-6205
Access Restriction:
Restricted for use by site license.
Loading...
Location Notes Your Loan Policy
Description Status Barcode Your Loan Policy