supported in the development literature by explanations relating to cumulative causation, economies of scale etc., and statistically based on the relation between GNP per capita in 1978 and its growth rates during 1960–1978, is shown to contain considerable elements of 'myth' or statistical '...
For example, the World Bank estimates that COVID-19 could push 70-100 million people back into extreme poverty globally (measured at the international poverty line of $1.90 per day). A large share of the new extreme poor will also be concentrated in countries that are already struggling wit...
And has the redistributive power of different social programs changed over time and across countries? This paper analyzes the effectiveness of social transfers and income taxes in alleviating poverty. We focus on 49 LIS-countries for the period 1967-2016. We compare relative income poverty rates at...
According to an article from HuffPost, “The U.S. is one of the only developed countries that doesn’t pay parents a child benefit or child allowance. Romney’s proposal shows there is bipartisan support for the policy.” This is an accurate observation, but it’s hardly persuasive. Yes,...
To ensure implementation of tax and fee reduction policies, the central government significantly increased transfer payments to local governments. We provided guidance to financial institutions on increasing credit supply and lowering financing costs. Average interest rates on new enterprise loans fell to ...
Amazon workers affiliated with the Teamsters union are holding a strike at seven of the company’s delivery hubs less than a week before Christmas Associated PressDec. 19, 2024 LA Zoo Hatches First-Ever Perentie Lizards, One of Largest Lizard Species in the World ...
as a whole. The problem of definition is furthercompoundedby the noneconomicconnotationsthat the word poverty has acquired. Poverty has been associated, for example, with poor health, low levels ofeducationor skills, an inability or an unwillingness to work, high rates of disruptive or disorderly...
In addition, fiscal redistribution exerts a positive effect on poverty in developing countries, including in NonLDCs, but for LDCs, it leads to lower poverty rates. Interestingly, over the full sample, fiscal redistribution helps in reducing the magnitude of the positive effect of ERP on poverty....
ratesmade possible by improved sanitary and disease-control measures. Unless such lowered rates eventually result in women bearing fewer children, the result is a sharp acceleration in population growth. To reduce birth rates, some developing countries have undertaken nationally administered family-...
The countries with thehighest poverty ratesinclude South Sudan (82.30%), Equatorial Guinea (76.80%), Madagascar (70.70%), Central African Republic (68.80%), and Burundi (64.09%).16 Which States Have the Highest Poverty Rates? As of 2024, the states with the highest poverty rates were Louisia...