Uncertainty in Ex-Ante Poverty and Income Distribution : Insights from Output Growth and Natural Resource Country Typologies

This paper studies future poverty, inequality, and shared prosperity outcomes using a panel data set with 150 countries over 1980-2014. The findings suggest that global extreme poverty will decrease in absolute and relative terms in the period 2015...

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Main Author: Mendez Ramos, Fabian
Format: Working Paper
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/984581556818835320/Uncertainty-in-Ex-Ante-Poverty-and-Income-Distribution-Insights-from-Output-Growth-and-Natural-Resource-Country-Typologies
http://hdl.handle.net/10986/31666
id okr-10986-31666
recordtype oai_dc
spelling okr-10986-316662021-10-24T00:22:26Z Uncertainty in Ex-Ante Poverty and Income Distribution : Insights from Output Growth and Natural Resource Country Typologies Mendez Ramos, Fabian POVERTY INCOME DISTRIBUTION SHARED PROSPERITY GINI COEFFICIENT INEQUALITY NATURAL RESOURCES ECONOMIC GROWTH This paper studies future poverty, inequality, and shared prosperity outcomes using a panel data set with 150 countries over 1980-2014. The findings suggest that global extreme poverty will decrease in absolute and relative terms in the period 2015-2030. However, absolute poverty is likely to increase by 2030 in resource-output oriented countries and economies with low rates of output per capita growth. Countries with high growth rates of output are expected to achieve poverty levels below 3 percent by 2030. Global and country aggregations show a decrease in income inequality by 2030; though, significant downside risks could increase wealth inequality in high- and low-output growth economies by 2030. Substantial uncertainty, as measured by the variability of the simulated outcomes, exists on shared prosperity gaps across the studied country typologies. 2019-05-09T20:29:57Z 2019-05-09T20:29:57Z 2019-05 Working Paper http://documents.worldbank.org/curated/en/984581556818835320/Uncertainty-in-Ex-Ante-Poverty-and-Income-Distribution-Insights-from-Output-Growth-and-Natural-Resource-Country-Typologies http://hdl.handle.net/10986/31666 English Policy Research Working Paper;No. 8841 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 POVERTY
INCOME DISTRIBUTION
SHARED PROSPERITY
GINI COEFFICIENT
INEQUALITY
NATURAL RESOURCES
ECONOMIC GROWTH
spellingShingle POVERTY
INCOME DISTRIBUTION
SHARED PROSPERITY
GINI COEFFICIENT
INEQUALITY
NATURAL RESOURCES
ECONOMIC GROWTH
Mendez Ramos, Fabian
Uncertainty in Ex-Ante Poverty and Income Distribution : Insights from Output Growth and Natural Resource Country Typologies
relation Policy Research Working Paper;No. 8841
description This paper studies future poverty, inequality, and shared prosperity outcomes using a panel data set with 150 countries over 1980-2014. The findings suggest that global extreme poverty will decrease in absolute and relative terms in the period 2015-2030. However, absolute poverty is likely to increase by 2030 in resource-output oriented countries and economies with low rates of output per capita growth. Countries with high growth rates of output are expected to achieve poverty levels below 3 percent by 2030. Global and country aggregations show a decrease in income inequality by 2030; though, significant downside risks could increase wealth inequality in high- and low-output growth economies by 2030. Substantial uncertainty, as measured by the variability of the simulated outcomes, exists on shared prosperity gaps across the studied country typologies.
format Working Paper
author Mendez Ramos, Fabian
author_facet Mendez Ramos, Fabian
author_sort Mendez Ramos, Fabian
title Uncertainty in Ex-Ante Poverty and Income Distribution : Insights from Output Growth and Natural Resource Country Typologies
title_short Uncertainty in Ex-Ante Poverty and Income Distribution : Insights from Output Growth and Natural Resource Country Typologies
title_full Uncertainty in Ex-Ante Poverty and Income Distribution : Insights from Output Growth and Natural Resource Country Typologies
title_fullStr Uncertainty in Ex-Ante Poverty and Income Distribution : Insights from Output Growth and Natural Resource Country Typologies
title_full_unstemmed Uncertainty in Ex-Ante Poverty and Income Distribution : Insights from Output Growth and Natural Resource Country Typologies
title_sort uncertainty in ex-ante poverty and income distribution : insights from output growth and natural resource country typologies
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/984581556818835320/Uncertainty-in-Ex-Ante-Poverty-and-Income-Distribution-Insights-from-Output-Growth-and-Natural-Resource-Country-Typologies
http://hdl.handle.net/10986/31666
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