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During the last two decades, bilateral and multilateral donors' policy advice to developing countries has been centred on greater market openness and better integration into the global economy - a process that characterises globalization. This advice is of growing concern to many analysts as it subscribes to the problematic notion that as long as inequality is not increasing, economic progress through growth will reduce poverty.
This book provides a systematic analysis of the impact of globalization on poverty, paying particular attention to empirical evidence to try to establish...

The World Bank has recently defined two strategic goals: ending extreme poverty and boosting shared prosperity. Shared prosperity is measured as income growth among the bottom 40 percent of the income distribution in the population. The two goals should be achieved in a way that is sustainable from economic, social, and environmental perspectives. Shared Prosperity: Paving the Way in Europe and Central Asia focuses on the second goal and proposes a framework that integrates both macroeconomic and microeconomic elements. The macro variables, particularly changes in relative prices, affect...

This book provides a systematic analysis of the impact of globalisation on poverty. The contributors seek to identify the important channels of effect and possible outcomes of globalisation shocks and policy responses.

This study documents the effects of the 2008-09 global financial crisis on poverty in Latin America and the Caribbean (LAC). In doing so, it describes and decomposes the effects of the crisis on poverty using data from comparable household budget surveys for Argentina, Brazil, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, El Salvador, Mexico, Paraguay, Peru, and Uruguay, and labor force surveys for Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Peru, and Uruguay. The study also provides macro-micro modeling of crisis and no-crisis scenarios for Mexico and Brazil, as well as...

This report identifies and provides a detailed assessment of inequality between generations, workers, regions that are fueling perceptions of unfairness and eroding the social contract. It illustrates how current policies and institutions are not equipped to deal with these distributional tensions.