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Poverty, Income Growth and Inequality in Paraguay During the 1990s: Spatial Aspects, Growth Determinants and Inequality Decomposition
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ISBN: 3631753675 3631572018 9783631753675 9783631572016 Year: 2018 Publisher: Peter Lang AG

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Abstract

The Paraguayan economy did not suffer debt crises in the eighties and had significant growth rates in the second half on the seventies, but poverty remained a problem. Understanding the performance and spatial distribution of poverty and inequality over a period of more than ten years can shed new light on structural causes behind what seems to be a low growth – high poverty – high inequality trap in Paraguay. How did poverty and inequality change during the 1990s. Did inequality reduce income growth? What were the growth determinants and what are the main forces driving inequality changes? These are the questions being answered in this book.


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Growth, Poverty and Inequality Dynamics: Four Empirical Essays at the Macro and Micro Level
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ISBN: 3631753616 3631572557 9783631753613 9783631572559 Year: 2018 Publisher: Peter Lang AG

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Since the Second World War the world has seen an economic growth spurt unprecedented in history. Economic growth is a necessary but not sufficient condition for improving human development, or in other words, economic growth is an important pre-requisite for the ultimate goal of human well-being. The four empirical essays of this book add to the general debate concerning dynamics of growth, poverty and inequality over the past 40 years from four different dimensions. The first chapter analyses the dynamics of the cross-country per capita income distribution and the existence of convergence clubs. The second chapter focuses on the dynamic development of the global income distribution and resulting implications for global income convergence, poverty reduction, pro-poor growth and the evolution of global inequality within and between countries. The third chapter investigates the deterministic relationship between ethnic fractionalisation and growth in a macro cross-country regression framework. Finally, the fourth chapter adds to the understanding of micro determinants of growth and poverty in the context of Indonesia.

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