Growth, Inequality, and Poverty : Looking Beyond Averages

The evidence is compelling that the poor in developing countries do typically share in the gains from rising aggregate affluence and in the losses from aggregate contraction. But how much do poor people share in growth? Do they gain more in some se...

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Bibliographic Details
Main Author:	Ravallion, Martin
Format:	Policy Research Working Paper
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	ABSOLUTE POVERTY ABSOLUTE TERMS ADVERSE EFFECTS AFFLUENCE AGGREGATE GROWTH AGGREGATE INEQUALITY ANNUALIZED CHANGE ANTI-POVERTY PROGRAMS ASSET INEQUALITY AVERAGE INCOME AVERAGE INCOMES AVERAGE RATE BASIC EDUCATION CONSUMPTION GROWTH COUNTRY DATA COUNTRY INEQUALITY CREDIT MARKET CROSS-COUNTRY COMPARISONS CROSS-COUNTRY DATA DATA SET DATA SETS DEVELOPING COUNTRIES DEVELOPING WORLD DEVELOPMENT ECONOMICS DEVELOPMENT POLICY DEVELOPMENT RESEARCH DISTRIBUTIONAL CHANGE DISTRIBUTIONAL COMPONENT DISTRIBUTIONAL EFFECTS DISTRIBUTIVE POLITICS DIVERSE IMPACTS ECONOMIC CONTRACTION ECONOMIC GROWTH ECONOMIC LITERATURE ECONOMIC REFORMS ECONOMIC RESEARCH ECONOMIC REVIEW EMPIRICAL RELATIONSHIP EMPIRICAL RESULTS EMPIRICAL WORK ESTIMATION METHOD EXCHANGE RATES EXTERNAL TRADE FALLING POVERTY FINANCIAL CRISIS FIXED EFFECTS FOREIGN TRADE GINI INDEX GROWTH ELASTICITY GROWTH PROSPECTS GROWTH RATE GROWTH RATES GROWTH REGRESSION GROWTH REGRESSIONS HIGH CORRELATION HIGH INEQUALITY HOUSEHOLD INCOME HOUSEHOLD INCOMES HOUSEHOLD SURVEYS HOUSEHOLD WELFARE HUMAN CAPITAL HUMAN RESOURCE INCOME DISPARITIES INCOME DISTRIBUTION INCOME EFFECT INCOME INEQUALITY INCOME LEVELS INEQUALITY CONVERGENCE INEQUALITY MEASURES INEQUALITY WILL INFLATION LIVING STANDARDS LOG GINI LOW FARM PRODUCTIVITY LOW INEQUALITY LOW INEQUALITY COUNTRIES LOW- INCOME COUNTRIES MACROECONOMICS MARKET FAILURES MEAN INCOME MEASURED INEQUALITY MEASUREMENT ERROR MEASUREMENT ERRORS MEASUREMENT PROBLEMS MEASURING INEQUALITY MEDIAN POVERTY MEDIUM INEQUALITY MEDIUM LEVELS MICRO DATA NATIONAL ACCOUNTS NATIONAL INCOME NEW GROWTH THEORIES NON-FARM OUTPUT OUTPUT GROWTH PAPERS PER CAPITA GROWTH PER CAPITA GROWTH RATE POLICY CHANGE POLICY CHANGES POLICY DISCUSSION POLICY DISCUSSIONS POLICY IMPLICATIONS POLICY ISSUES POLICY MAKING POLICY REFORM POLICY REFORMS POLICY RESEARCH POLITICAL PARTIES POOR PEOPLE POVERTY DYNAMICS POVERTY LINE POVERTY LINES POVERTY MEASURE POVERTY MEASURES POVERTY RATE POVERTY REDUCING POVERTY REDUCTION PRIVATE CONSUMPTION PRO-POOR PRO-POOR GROWTH PROPORTIONATE CHANGES PUBLIC POLICY PUBLIC PROGRAMS PUBLIC SPENDING PURCHASING POWER PURCHASING POWER PARITY QUALITY GROWTH REDUCING INEQUALITY RISING INEQUALITY SECONDARY SOURCES SIZABLE REDISTRIBUTION SKILLED LABOR TRANSITION ECONOMIES URBAN AREAS WEALTH
Online Access:	http://documents.worldbank.org/curated/en/2001/02/1003166/growth-inequality-poverty-looking-beyond-averages http://hdl.handle.net/10986/19704

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Summary:	The evidence is compelling that the poor in developing countries do typically share in the gains from rising aggregate affluence and in the losses from aggregate contraction. But how much do poor people share in growth? Do they gain more in some settings than others? Do some gain while others lose? Does pro-poor growth mean more or less aggregate growth? Recent theories and evidence suggest some answers, but deeper microeconomic empirical work is needed on growth and distributed change. Only then will we have a firm basis for identifying the specific policies and programs needed to complement and possibly modify growth-oriented policies.

Growth, Inequality, and Poverty : Looking Beyond Averages

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