Inequality Is Bad for the Poor

By M. Ravallion. 2005

211 citations recorded by the source corpus.

It has been argued that inequality should be of little concern in poor countries on the grounds that (1) absolute poverty in terms of consumption (or income) is the overriding issue in poor countries, and (2) the only thing that really matters to reducing absolute income poverty is the rate of economic growth. The author takes (1) as given but questions (2). He argues that there are a number of ways in which the extent of inequality in a society, and how it evolves over time, influences the extent of poverty today and the prospects for rapid poverty reduction in the future.

Subfields: Economics and Econometrics, Management, Monitoring, Policy and Law, Sociology and Political Science

View Paper: https://www.semanticscholar.org/paper/615d35d0b3a19658cd130b237411430ce0a81470

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Citations in the corpus

Inequality, Economic Growth and Poverty in the Middle East and North Africa (MENA) (2014, methodology): “Using the basic growth–poverty model suggested by Ravallion (1997; 2008) and Ravallion and Chen (1997) as well as the frameworks posited by Dollar and Kraay (2002), Ghura, Leite and Tsangarides (2002), Berg and Krueger (2003) and empirical works of Agénor (2004, 2005), Islam (2004), and Anyanwu and…”
Is It All About the Tails? The Palma Measure of Income Inequality (2013, background): “, 2004; Easterly, 2002) and high or rising national income inequality is likely to be a drag on poverty reduction (see, for discussion, Fosu, 2011; Misselhorn and Klasen, 2006; Ravallion, 2005) so while it may be the case that growth (still) is good for the poor in a general sense or at least the po”
A Comparative Perspective on Poverty Reduction in Brazil, China, and India (2009, background): “The value of the assets created is also crucial to the costeffectiveness in fighting poverty, relative to other schemes (Ravallion and Datt 1995; Murgai and Ravallion, 2005).”
Have Economic Growth And Institutional Quality Contributed To Poverty And Inequality Reduction In Asia (2013, background): “Ravallion [41] noted that there was no significant correlation between growth in survey mean income and changes in inequality.”