Imagine there's no country : poverty, inequality, and growth in the era of globalization / Surjit S. Bhalla
- Bib ID:
- 2356359
- Format:
- Book
- Author:
- Bhalla, Surjit S
- Online Version:
- Table of contents
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- Description:
-
- Washington, D.C. ; [Great Britain] : Institute for International Economics, 2002
- xix, 248 p. : ill. ; 23 cm.
- ISBN:
- 0881323489
- Full contents:
-
- Machine derived contents note: I Received Wisdom on Poverty, Inequality, and Growth
- 1 Overview: New Results on Poverty, Inequality, and Growth in the
- Era of Globalizatlon 1
- The Issues 3
- The Framework and the Data 5
- A Bird's Eye View 6
- A More Detailed Overview 7
- Results on Absolute Poverty 8
- Results on Propoor Growth 9
- Has Globalization Worsened Inequality? 10
- Has Globalization Been Good for Poor People? 11
- Research and Monopolies 11
- 2 The Pattern of Economic Growth, 1950-2000 13
- Data and Methods of Estimating Growth 14
- Global Levels of Income and Growth 17
- Globalization: Divergence 21
- Evidence of Convergence or Divergence 23
- 3 Inequality as We Know It 29
- Measuring Inequality 31
- Measuring Intertemporal Inequality 32
- Simple Inequality Mathematics 32
- Inequality: Kuznets Curve and Data Requirements 34
- Recent Evidence on Country Inequality 36
- The Evidence Once Again 38
- Tests of Inequality Change 40
- Elasticity of Connection, 1960-2000 44
- Country-Level Inequality 46
- Toward Individual Inequality Estimates 46
- Individual Inequality 47
- Summing Up: The Facts as We Know Them 50
- 4 Poverty as We Are Told It Is 51
- Defining and Measuring Absolute Poverty 53
- Poverty in the United States 54
- The World Bank Enters the Poverty Arena 56
- First Absolute Poverty Line, Estimates, and Forecasts 57
- The Search for an Absolute Absolute Measure 59
- Rediscovering the $1-a-Day Poverty Line 61
- The Poverty Line Reduced 63
- Evolving World Bank Definitions of Poverty 67
- II Discussion of Knowledge on Poverty, Inequality, and Growth and
- Analysis of Data and Methodologies
- 5 Taking Stock of the Facts 69
- The Global Pie, 1960-2000 70
- Inequality Trends 70
- Poverty Trends 74
- Not Propoor Growth 74
- Is the Conventional Wisdom Correct? 75
- Facts and Figures 76
- The Importance of Data 77
- Duck and Smell Tests to Differentiate 78
- Experts Debate 78
- Elasticity of the Gini with Growth 79
- Poverty "Smell" Tests 82
- The Need for Alternative Studies 87
- 6 Recounting Poor People 91
- Definitions and Methods 93
- Using Different PPP Exchange Rates 93
- Differences between World Bank Consumption and and Official PPPs 95
- All Indians Were Dead in 1950, or 1960 99
- 7 Surveys and National Accounts: Can a Choice Be Made? 103
- What Is the Problem? 104
- There Is a Problem Even in the United States 106
- In Defense of Surveys 107
- What Happened to the Survey/National Accounts Ratio? 109
- Unintended Consequences of Moving to Survey Means 111
- Do National Accounts Estimates Have Problems? 113
- Choosing between Surveys and National Accounts 114
- By How Much Do Rich People Understate Expenditures? 116
- Estimating Undercoverage of Rich People 119
- The SAP $1.50 Poverty Line 120
- "Smell" Tests for Indian Poverty Estimates 121
- Should Surveys or National Accounts Be Used? Or Both? 126
- 8 Other Methodological Considerations 129
- The Individual versus Countries 129
- Simple Accounting Procedure for Generating W3i 131
- The Kakwani Method of Estimating a Lorenz Curve 133
- Is SAP Accurate? 134
- Using SAP to Identify Errors in Published Ginis 134
- III New Results on Poverty, Inequality, and Growth, Based on Simple
- Accounting Procedure Methods
- 9 Poverty as It Is-and Forecasts for 2015 139
- How Much Poverty Is There in the World? 140
- Where Did Poverty Decline from 1960 to 2000? 141
- The Evolution of World Poverty, 1820-2000 142
- A Digression: How Do You Assess the Best? 146
- Regional Poverty Trends 147
- Time to Raise the Poverty Line 147
- Forecasts for 2000 and 2015 149
- 10 Reinventing the Kuznets Curve: Propoor Growth 151
- The Search for Propoor Growth 153
- The Growth-Poverty Connection 154
- Propoor Elasticity 155
- Propoor Mathematics 157
- Empirical Estimates of Propoor Growth 158
- Estimating Propoor Elasticity 159
- Has Global Growth Been Propoor? 161
- Using Consistent Data 163
- Is the Initial Income Distribution Important? 166
- A Simple Method for Estimating Propoor Growth 167
- Forecast of Poverty in 2015 168
- 11 Inequality as It Is 173
- SAR Results for World Inequality, 1950-2000 174
- Regions and Indices 175
- Individual Inequality Studies Compared 177
- How Accurate Are the SAP Estimates? 181
- Poor People Have a High Elasticity of Connection 182
- What Happened with Global Inequality? 183
- The Relationship between Growth and Inequality 185
- The Middle Class 186
- 12 Globalization: A Second Look 189
- Income: Before and After 190
- Convergence: New Results 190
- Catch-Up with Globalization 191
- Is There a Poverty-Terrorism Connection? 196
- The Evolution of Living Standards, 1960-2000 196
- 13 Conclusion: Roads Not Taken 201
- Different Forks for Different Folks 202
- Answers to Often-Asked Questions 204
- Appendix A The Simple Accounting Procedure Dataset 207
- Appendix B Estimation of the Lorenz Curve, and Its Accuracy 211
- Appendix C Basic Data for the Simple Accounting Procedure 217
- References 225
- Index 235.
- Notes:
- Includes bibliographical references and index.
- Subject:
- Copyright:
-
In Copyright
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- Material type:
- Literary Dramatic Musical
- Published status:
- Published
- Publication date:
- 2002
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