Description: Shared Prosperity and the Mitigation of Poverty : In Practice and in Precept

Shared Prosperity and the Mitigation of Poverty : In Practice and in Precept

The World Bank Group recently adopted two overarching goals -- the end of extreme, chronic poverty in the world by 2030 and the promotion of shared prosperity in every society. The paper examines the normative properties of these goals, their stren...

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Bibliographic Details
Main Author:	Basu, Kaushik
Language:	English en_US
Published:	World Bank, Washington, DC 2014
Subjects:	ABSOLUTE POVERTY AGGREGATE INCOME AGRICULTURAL WAGES ANTI-POVERTY ANTI-POVERTY POLICY AVERAGE INCOMES CHRONIC POVERTY CLIMATE CHANGE CLOSED ECONOMY CONFLICT DECLINING INEQUALITY DECOMPOSABLE POVERTY MEASURES DEVELOPING COUNTRIES DEVELOPING WORLD DEVELOPMENT ECONOMICS DEVELOPMENT GOALS DEVELOPMENT POLICY ECONOMIC DEVELOPMENT ECONOMIC FLUCTUATIONS ECONOMIC GROWTH ECONOMIC INEQUALITY ECONOMIC LITERATURE ECONOMIC POLICIES ECONOMIC POLICY ECONOMIC REVIEW ECONOMIC STUDIES ECONOMIC THEORY ECONOMICS LETTERS EMPIRICAL WORK EXTERNALITIES EXTREME POVERTY EXTREMELY POOR PEOPLE FARM EMPLOYMENT FARMERS FISCAL POLICIES FISCAL POLICY FREE MARKETS GDP GINI INDEX GLOBAL ECONOMY GLOBAL POVERTY GOVERNMENT SUBSIDIES GROWTH RATE GROWTH RATES HEADCOUNT POVERTY HIGH GROWTH HUMAN DEVELOPMENT IMPACT ON POVERTY INCOME INCOME DISTRIBUTION INCOME DISTRIBUTIONS INCOME GROWTH INCOME GROWTH RATE INCOME INEQUALITY INDIVIDUAL COUNTRIES INEQUALITY INFANT MORTALITY INTERNATIONAL ORGANIZATIONS LIFE EXPECTANCY LIVING STANDARDS LORENZ CURVE MACROECONOMIC ENVIRONMENT MACROECONOMIC IMPLICATIONS MACROECONOMICS MALNUTRITION MEASURING POVERTY MICRO DATA MONETARY POLICY NATIONAL ACCOUNTS NATIONAL INCOME NEOCLASSICAL ECONOMICS NET EFFECT NUTRITION PER CAPITA INCOME POLARIZATION MEASURES POLICY ALTERNATIVES POLICY DISCUSSIONS POLICY IMPLICATIONS POLICY INTERVENTIONS POLICY MAKERS POLICY MAKING POLICY RESEARCH POLITICAL CONFLICT POLITICAL ECONOMY POOR POOR COUNTRIES POOR PEOPLE POOR POLICIES POPULATION SHARE POPULOUS COUNTRIES POST-REFORM POVERTY DEBATE POVERTY DECLINE POVERTY ERADICATION POVERTY LINE POVERTY LINES POVERTY MEASUREMENT POVERTY MEASURES POVERTY MITIGATION POVERTY POLICIES POVERTY RATE POVERTY RATES POVERTY REDUCTION PRIVATE SECTOR PRO-POOR PROMOTING EQUALITY PROTECTIONISM PUBLIC ECONOMICS PUBLIC GOODS RAPID GROWTH RATION SHOPS REAL INCOME REDUCED POVERTY REGRESSION ANALYSIS RELATIVE POVERTY RICH COUNTRIES RURAL RURAL COMMUNITIES RURAL EMPLOYMENT SKILLED WORKER SOCIAL PROGRAMS TAXATION TECHNOLOGICAL INNOVATION TRANSACTIONS COSTS WAR WEALTH WORLD TRADE ORGANIZATION
Online Access:	http://documents.worldbank.org/curated/en/2013/11/18506691/shared-prosperity-mitigation-poverty-practice-precept http://hdl.handle.net/10986/16914

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Summary:	The World Bank Group recently adopted two overarching goals -- the end of extreme, chronic poverty in the world by 2030 and the promotion of shared prosperity in every society. The paper examines the normative properties of these goals, their strengths and weaknesses, and their implications for actual policymaking, especially in the presence of globalization. This is closely related to the age-old debate on growth versus direct welfare interventions as instruments for countering poverty. The paper analyzes past trends on poverty and tries to shed new light on this old debate.

Shared Prosperity and the Mitigation of Poverty : In Practice and in Precept

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