Accelerating poverty reduction in a less poor world [electronic resource] : the roles of growth and inequality / Pedro Olinto, Gabriel Lara Ibarra, Jaime Saavedra-Chanduvi.

"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...

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Bibliographic Details
Online Access: Full Text (via Open Knowledge Repository)
Main Author: Olinto, Pedro
Corporate Author: World Bank. Poverty Reduction and Economic Management. Poverty Reduction and Equity Unit
Other Authors: Lara Ibarra, Gabriel, Saavedra Chanduví, Jaime
Format: Electronic eBook
Language:English
Published: [Washington, D.C.] : World Bank, [2014]
Series:Policy research working papers ; 6855.
Subjects:

MARC

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245 1 0 |a Accelerating poverty reduction in a less poor world  |h [electronic resource] :  |b the roles of growth and inequality /  |c Pedro Olinto, Gabriel Lara Ibarra, Jaime Saavedra-Chanduvi. 
260 |a [Washington, D.C.] :  |b World Bank,  |c [2014] 
300 |a 1 online resource (30 pages) :  |b color illustrations. 
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490 1 |a Policy research working paper ;  |v 6855 
500 |a "The World Bank, Poverty Reduction and Economic Management Network, Poverty Reduction and Equity Unit." 
500 |a "May 2014." 
520 |a "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"--Abstract. 
504 |a Includes bibliographical references (pages 16-17). 
588 0 |a Online resource; title from pdf title page (World Bank.org Web site, viewed July 18, 2014). 
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700 1 |a Lara Ibarra, Gabriel.  |0 http://id.loc.gov/authorities/names/no2014095319 
700 1 |a Saavedra Chanduví, Jaime.  |0 http://id.loc.gov/authorities/names/n90693487  |1 http://isni.org/isni/0000000029246929 
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