Shared Prosperity : Concepts, Data, and Some Policy Examples

Shared Prosperity : Concepts, Data, and Some Policy Examples

"Shared prosperity" has become a common phrase in the development policy discourse. This short paper provides its most widely used operational definition -- the growth rate in the average income of the poorest 40 percent of a country'...

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Main Authors: Ferreira, Francisco H.G., Galasso, Emanuela, Negre, Mario
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2018
Subjects:
SHARED PROSPERITY
POVERTY
INEQUALITY
EXTREME POVERTY
SOCIAL WELFARE
MOBILITY
LIVING STANDARDS
REDISTRIBUTION
INCOME DISTRIBUTION
Online Access:http://documents.worldbank.org/curated/en/881491526993639155/Shared-prosperity-concepts-data-and-some-policy-examples
http://hdl.handle.net/10986/29861
id okr-10986-29861
recordtype oai_dc
spelling okr-10986-298612021-06-08T14:42:46Z Shared Prosperity : Concepts, Data, and Some Policy Examples Ferreira, Francisco H.G. Galasso, Emanuela Negre, Mario SHARED PROSPERITY POVERTY INEQUALITY EXTREME POVERTY SOCIAL WELFARE MOBILITY LIVING STANDARDS REDISTRIBUTION INCOME DISTRIBUTION "Shared prosperity" has become a common phrase in the development policy discourse. This short paper provides its most widely used operational definition -- the growth rate in the average income of the poorest 40 percent of a country's population -- and describes its origins. The paper discusses how this notion relates to well-established concepts and social indicators, including social welfare, poverty, inequality, and mobility, and reviews some of its design shortcomings. The paper then looks at household survey data to assess recent progress in this indicator globally. The analysis finds that during 2008–13, mean incomes for the poorest 40 percent rose in 60 of 83 countries. In 49 of them, accounting for 65 percent of the sampled population, it rose faster than overall average incomes. Finally, the paper briefly reviews a (non-exhaustive) range of 'pre-distribution' and 'redistribution' policies with a sound empirical track record of raising productivity and well-being among the poor, thus contributing to shared prosperity. 2018-05-23T20:34:31Z 2018-05-23T20:34:31Z 2018-05 Working Paper http://documents.worldbank.org/curated/en/881491526993639155/Shared-prosperity-concepts-data-and-some-policy-examples http://hdl.handle.net/10986/29861 English Policy Research Working Paper;No. 8451 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic SHARED PROSPERITY
POVERTY
INEQUALITY
EXTREME POVERTY
SOCIAL WELFARE
MOBILITY
LIVING STANDARDS
REDISTRIBUTION
INCOME DISTRIBUTION
spellingShingle SHARED PROSPERITY
POVERTY
INEQUALITY
EXTREME POVERTY
SOCIAL WELFARE
MOBILITY
LIVING STANDARDS
REDISTRIBUTION
INCOME DISTRIBUTION
Ferreira, Francisco H.G.
Galasso, Emanuela
Negre, Mario
Shared Prosperity : Concepts, Data, and Some Policy Examples
relation Policy Research Working Paper;No. 8451
description "Shared prosperity" has become a common phrase in the development policy discourse. This short paper provides its most widely used operational definition -- the growth rate in the average income of the poorest 40 percent of a country's population -- and describes its origins. The paper discusses how this notion relates to well-established concepts and social indicators, including social welfare, poverty, inequality, and mobility, and reviews some of its design shortcomings. The paper then looks at household survey data to assess recent progress in this indicator globally. The analysis finds that during 2008–13, mean incomes for the poorest 40 percent rose in 60 of 83 countries. In 49 of them, accounting for 65 percent of the sampled population, it rose faster than overall average incomes. Finally, the paper briefly reviews a (non-exhaustive) range of 'pre-distribution' and 'redistribution' policies with a sound empirical track record of raising productivity and well-being among the poor, thus contributing to shared prosperity.
format Working Paper
author Ferreira, Francisco H.G.
Galasso, Emanuela
Negre, Mario
author_facet Ferreira, Francisco H.G.
Galasso, Emanuela
Negre, Mario
author_sort Ferreira, Francisco H.G.
title Shared Prosperity : Concepts, Data, and Some Policy Examples
title_short Shared Prosperity : Concepts, Data, and Some Policy Examples
title_full Shared Prosperity : Concepts, Data, and Some Policy Examples
title_fullStr Shared Prosperity : Concepts, Data, and Some Policy Examples
title_full_unstemmed Shared Prosperity : Concepts, Data, and Some Policy Examples
title_sort shared prosperity : concepts, data, and some policy examples
publisher World Bank, Washington, DC
publishDate 2018
url http://documents.worldbank.org/curated/en/881491526993639155/Shared-prosperity-concepts-data-and-some-policy-examples
http://hdl.handle.net/10986/29861
_version_ 1764470574613004288

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