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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.
Political science & theory --- Political structure & processes --- Monetary economics --- Development economics & emerging economies --- Paraguay --- Economic conditions --- 1990s --- Aspects --- Decomposition --- Determinants --- During --- Einkommensverteilung --- Geschichte 1992-2005 --- Growth --- Growth Determinants --- Income --- Inequality --- Lateinamerika --- Otter --- Poverty --- Poverty Maps --- Spatial --- Spatial Economics --- Political science --- Monetary policy. --- Development economics. --- Monetary management --- Economic policy --- Currency boards --- Money supply --- Administration --- Civil government --- Commonwealth, The --- Government --- Political theory --- Political thought --- Politics --- Science, Political --- Social sciences --- State, The --- Economics --- Economic development
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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.
Data analysis: general --- Political structure & processes --- Economic growth --- Development economics & emerging economies --- Developing countries --- Economic conditions. --- Dynamics --- Economic Development --- Economic Growth --- Einkommensverteilung --- Empirical --- Essays --- Four --- Geschichte 1970-2006 --- Growth --- Inequality --- Level --- Macro --- Micro --- Panel Data Analysis --- Poverty --- Pro-Poor Growth --- Weisbrod --- Wirtschaftswachstum --- Quantitative research. --- Political science. --- Economic development. --- Development economics. --- Economics --- Economic development --- Development, Economic --- Growth, Economic --- Economic policy --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Administration --- Civil government --- Commonwealth, The --- Government --- Political theory --- Political thought --- Politics --- Science, Political --- Social sciences --- State, The --- Data analysis (Quantitative research) --- Exploratory data analysis (Quantitative research) --- Quantitative analysis (Research) --- Quantitative methods (Research) --- Research
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