Think Again: Burma’s Economy
Jared Bessinger – Burma is open for business, and foreign investors are champing at the bit. Time for a reality check. That the current economic reform program will bring broad-based development … Continue reading
Financial Development in Latin America and the Caribbean
World Bank – The report provides both a stocktaking and forward-looking assessment of LAC’s financial development. Rather than going into detail about sector-specific issues, the report focuses on the main … Continue reading
Innovations in measuring inequality and poverty
The 2010 report advances the measurement agenda for human development. Building on many years of research and critiques, it introduces new measures for multidimensional inequality—overall and by gender—and for poverty. … Continue reading
Is Global Poverty Becoming A Matter of National Inequality?
Andy Sumner – From Deprivation to Distribution: Is Global Poverty Becoming A Matter of National Inequality? This paper asks the following question: does the shift in global poverty towards middle-income … Continue reading
Income inequality as a cause of the Great Recession?
We argue that the ways in which consumers react to changes in relative income depend on such institutional factors as the deepness and regulation of the credit markets, the organisation … Continue reading
Asia and the middle-income trap
A review of how per capita income has changed since 1970 relative to income in the United States tells us something about the risk of the middle-income trap in different … Continue reading
Changes at the Bottom of the Pyramid
Societies in Southeast Asia have changed tremendously in the last few decades. Rapid economic growth and rural-urban migration have spurred a frantic urbanization process. Megacities such as Bangkok, Jakarta, Manila, … Continue reading
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