Inequality is Bad for the Poor

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.

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Bibliographic Details
Main Author: Ravallion, Martin
Language:English
Published: World Bank, Washington, DC 2005-08
Subjects:ABSOLUTE POVERTY, ABSOLUTE VALUE, ADVERSE IMPACT, AGGREGATE GROWTH, AGGREGATE OUTPUT, AGRICULTURAL GROWTH, ANNUAL GROWTH, ANNUAL GROWTH RATE, ANNUAL RATE, AVERAGE INCOME, AVERAGE INEQUALITY, BALANCED GROWTH, CAPITAL MARKET, CAPITAL MARKET FAILURES, CHANGING INCOME DISTRIBUTION, CONSUMPTION GROWTH, COUNTRY LEVEL, CREDIT MARKET, CROSS-COUNTRY COMPARISONS, CUMULATIVE DISTRIBUTION, CUMULATIVE DISTRIBUTION FUNCTION, DATA ISSUES, DATA SETS, DATA SOURCES, DENSITY FUNCTION, DEVELOPING COUNTRIES, DEVELOPING COUNTRY, DEVELOPING WORLD, DEVELOPMENT INDICATORS, DEVELOPMENT REPORT, DEVELOPMENT RESEARCH, DEVELOPMENT STUDIES, DISTRIBUTIONAL DATA, DISTRIBUTIONAL TERM, ECONOMIC ACTIVITY, ECONOMIC CONTRACTION, ECONOMIC GROWTH, EMPIRICAL EVIDENCE, EMPIRICAL RELATIONSHIP, EQUITABLE DISTRIBUTION, EXTERNALITIES, EXTREME POVERTY, FINANCIAL CRISIS, GINI INDEX, GROWING ECONOMY, GROWTH COMPONENT, GROWTH ELASTICITY, GROWTH EPISODES, GROWTH INCIDENCE, GROWTH PROCESS, GROWTH PROSPECTS, GROWTH RATES, HEADCOUNT INDEX, HIGH GROWTH, HIGH INEQUALITY, HIGH INEQUALITY COUNTRIES, HOUSEHOLD INCOME, HOUSEHOLD LEVEL, HOUSEHOLD SURVEY, HOUSEHOLD SURVEYS, INCOME DISPARITIES, INCOME DISTRIBUTION, INCOME GROWTH, INCOME INEQUALITY, INCOME POVERTY, INEQUALITY CHANGES, INEQUALITY FALLS, INEQUALITY INDEX, INEQUALITY MEASURE, INEQUALITY MEASURES, INEQUALITY WILL, INFLATION, LIVING STANDARDS, LOCAL LEVEL, LOG GINI, LOW INEQUALITY, MACROECONOMIC ENVIRONMENT, MACROECONOMIC INSTABILITY, MARKET ECONOMY, MARKET FAILURES, MEAN CONSUMPTION, MEAN GROWTH, MEAN INCOME, MEAN INCOMES, MEASUREMENT ERROR, MEASUREMENT ERRORS, MORAL HAZARD, NATIONAL ACCOUNTS, PER CAPITA INCOME, POINT DECLINE, POLICY CHANGES, POLICY MAKERS, POLICY REFORMS, POLICY RESEARCH, POOR AREAS, POOR COUNTRIES, POOR PEOPLE, POSITIVE CORRELATION, POVERTY ANALYSIS, POVERTY GAP, POVERTY IMPACT, POVERTY LINE, POVERTY MEASURES, POVERTY RATE, POVERTY RATES, POVERTY REDUCTION, POVERTY RISES, POVERTY-REDUCING IMPACT, PRIVATE CONSUMPTION, PRIVATE PRODUCTION, PRO-POOR, PRO-POOR GROWTH, PROPORTIONATE CHANGES, PUBLIC GOODS, PUBLIC INFRASTRUCTURE, PURCHASING POWER, PURCHASING POWER PARITY, RAPID GROWTH, REAL TERMS, REDUCED INEQUALITY, REDUCING INEQUALITY, REDUCING POVERTY, REGIONAL DISPARITIES, RELATIVE INEQUALITY, RELATIVE POVERTY, RELATIVE PRICES, RESEARCH FINDINGS, RISING INEQUALITY, RURAL AREAS, RURAL POVERTY, SECTORAL COMPOSITION, SERIAL CORRELATION, SHARP REDUCTION, SIGNIFICANT CORRELATION, SOCIAL SERVICES, TRADE REGIME, URBAN AREAS, WEALTH,
Online Access:http://documents.worldbank.org/curated/en/2005/08/6200517/inequality-bad-poor
https://hdl.handle.net/10986/8625
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spelling dig-okr-1098686252024-08-08T17:20:42Z Inequality is Bad for the Poor Ravallion, Martin ABSOLUTE POVERTY ABSOLUTE VALUE ADVERSE IMPACT AGGREGATE GROWTH AGGREGATE OUTPUT AGRICULTURAL GROWTH ANNUAL GROWTH ANNUAL GROWTH RATE ANNUAL RATE AVERAGE INCOME AVERAGE INEQUALITY BALANCED GROWTH CAPITAL MARKET CAPITAL MARKET FAILURES CHANGING INCOME DISTRIBUTION CONSUMPTION GROWTH COUNTRY LEVEL CREDIT MARKET CROSS-COUNTRY COMPARISONS CUMULATIVE DISTRIBUTION CUMULATIVE DISTRIBUTION FUNCTION DATA ISSUES DATA SETS DATA SOURCES DENSITY FUNCTION DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPING WORLD DEVELOPMENT INDICATORS DEVELOPMENT REPORT DEVELOPMENT RESEARCH DEVELOPMENT STUDIES DISTRIBUTIONAL DATA DISTRIBUTIONAL TERM ECONOMIC ACTIVITY ECONOMIC CONTRACTION ECONOMIC GROWTH EMPIRICAL EVIDENCE EMPIRICAL RELATIONSHIP EQUITABLE DISTRIBUTION EXTERNALITIES EXTREME POVERTY FINANCIAL CRISIS GINI INDEX GROWING ECONOMY GROWTH COMPONENT GROWTH ELASTICITY GROWTH EPISODES GROWTH INCIDENCE GROWTH PROCESS GROWTH PROSPECTS GROWTH RATES HEADCOUNT INDEX HIGH GROWTH HIGH INEQUALITY HIGH INEQUALITY COUNTRIES HOUSEHOLD INCOME HOUSEHOLD LEVEL HOUSEHOLD SURVEY HOUSEHOLD SURVEYS INCOME DISPARITIES INCOME DISTRIBUTION INCOME GROWTH INCOME INEQUALITY INCOME POVERTY INEQUALITY CHANGES INEQUALITY FALLS INEQUALITY INDEX INEQUALITY MEASURE INEQUALITY MEASURES INEQUALITY WILL INFLATION LIVING STANDARDS LOCAL LEVEL LOG GINI LOW INEQUALITY MACROECONOMIC ENVIRONMENT MACROECONOMIC INSTABILITY MARKET ECONOMY MARKET FAILURES MEAN CONSUMPTION MEAN GROWTH MEAN INCOME MEAN INCOMES MEASUREMENT ERROR MEASUREMENT ERRORS MORAL HAZARD NATIONAL ACCOUNTS PER CAPITA INCOME POINT DECLINE POLICY CHANGES POLICY MAKERS POLICY REFORMS POLICY RESEARCH POOR AREAS POOR COUNTRIES POOR PEOPLE POSITIVE CORRELATION POVERTY ANALYSIS POVERTY GAP POVERTY IMPACT POVERTY LINE POVERTY MEASURES POVERTY RATE POVERTY RATES POVERTY REDUCTION POVERTY RISES POVERTY-REDUCING IMPACT PRIVATE CONSUMPTION PRIVATE PRODUCTION PRO-POOR PRO-POOR GROWTH PROPORTIONATE CHANGES PUBLIC GOODS PUBLIC INFRASTRUCTURE PURCHASING POWER PURCHASING POWER PARITY RAPID GROWTH REAL TERMS REDUCED INEQUALITY REDUCING INEQUALITY REDUCING POVERTY REGIONAL DISPARITIES RELATIVE INEQUALITY RELATIVE POVERTY RELATIVE PRICES RESEARCH FINDINGS RISING INEQUALITY RURAL AREAS RURAL POVERTY SECTORAL COMPOSITION SERIAL CORRELATION SHARP REDUCTION SIGNIFICANT CORRELATION SOCIAL SERVICES TRADE REGIME URBAN AREAS WEALTH 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. 2012-06-21T14:29:56Z 2012-06-21T14:29:56Z 2005-08 http://documents.worldbank.org/curated/en/2005/08/6200517/inequality-bad-poor https://hdl.handle.net/10986/8625 English Policy Research Working Paper; No. 3677 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank application/pdf text/plain World Bank, Washington, DC
institution Banco Mundial
collection DSpace
country Estados Unidos
countrycode US
component Bibliográfico
access En linea
databasecode dig-okr
tag biblioteca
region America del Norte
libraryname Biblioteca del Banco Mundial
language English
topic ABSOLUTE POVERTY
ABSOLUTE VALUE
ADVERSE IMPACT
AGGREGATE GROWTH
AGGREGATE OUTPUT
AGRICULTURAL GROWTH
ANNUAL GROWTH
ANNUAL GROWTH RATE
ANNUAL RATE
AVERAGE INCOME
AVERAGE INEQUALITY
BALANCED GROWTH
CAPITAL MARKET
CAPITAL MARKET FAILURES
CHANGING INCOME DISTRIBUTION
CONSUMPTION GROWTH
COUNTRY LEVEL
CREDIT MARKET
CROSS-COUNTRY COMPARISONS
CUMULATIVE DISTRIBUTION
CUMULATIVE DISTRIBUTION FUNCTION
DATA ISSUES
DATA SETS
DATA SOURCES
DENSITY FUNCTION
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPING WORLD
DEVELOPMENT INDICATORS
DEVELOPMENT REPORT
DEVELOPMENT RESEARCH
DEVELOPMENT STUDIES
DISTRIBUTIONAL DATA
DISTRIBUTIONAL TERM
ECONOMIC ACTIVITY
ECONOMIC CONTRACTION
ECONOMIC GROWTH
EMPIRICAL EVIDENCE
EMPIRICAL RELATIONSHIP
EQUITABLE DISTRIBUTION
EXTERNALITIES
EXTREME POVERTY
FINANCIAL CRISIS
GINI INDEX
GROWING ECONOMY
GROWTH COMPONENT
GROWTH ELASTICITY
GROWTH EPISODES
GROWTH INCIDENCE
GROWTH PROCESS
GROWTH PROSPECTS
GROWTH RATES
HEADCOUNT INDEX
HIGH GROWTH
HIGH INEQUALITY
HIGH INEQUALITY COUNTRIES
HOUSEHOLD INCOME
HOUSEHOLD LEVEL
HOUSEHOLD SURVEY
HOUSEHOLD SURVEYS
INCOME DISPARITIES
INCOME DISTRIBUTION
INCOME GROWTH
INCOME INEQUALITY
INCOME POVERTY
INEQUALITY CHANGES
INEQUALITY FALLS
INEQUALITY INDEX
INEQUALITY MEASURE
INEQUALITY MEASURES
INEQUALITY WILL
INFLATION
LIVING STANDARDS
LOCAL LEVEL
LOG GINI
LOW INEQUALITY
MACROECONOMIC ENVIRONMENT
MACROECONOMIC INSTABILITY
MARKET ECONOMY
MARKET FAILURES
MEAN CONSUMPTION
MEAN GROWTH
MEAN INCOME
MEAN INCOMES
MEASUREMENT ERROR
MEASUREMENT ERRORS
MORAL HAZARD
NATIONAL ACCOUNTS
PER CAPITA INCOME
POINT DECLINE
POLICY CHANGES
POLICY MAKERS
POLICY REFORMS
POLICY RESEARCH
POOR AREAS
POOR COUNTRIES
POOR PEOPLE
POSITIVE CORRELATION
POVERTY ANALYSIS
POVERTY GAP
POVERTY IMPACT
POVERTY LINE
POVERTY MEASURES
POVERTY RATE
POVERTY RATES
POVERTY REDUCTION
POVERTY RISES
POVERTY-REDUCING IMPACT
PRIVATE CONSUMPTION
PRIVATE PRODUCTION
PRO-POOR
PRO-POOR GROWTH
PROPORTIONATE CHANGES
PUBLIC GOODS
PUBLIC INFRASTRUCTURE
PURCHASING POWER
PURCHASING POWER PARITY
RAPID GROWTH
REAL TERMS
REDUCED INEQUALITY
REDUCING INEQUALITY
REDUCING POVERTY
REGIONAL DISPARITIES
RELATIVE INEQUALITY
RELATIVE POVERTY
RELATIVE PRICES
RESEARCH FINDINGS
RISING INEQUALITY
RURAL AREAS
RURAL POVERTY
SECTORAL COMPOSITION
SERIAL CORRELATION
SHARP REDUCTION
SIGNIFICANT CORRELATION
SOCIAL SERVICES
TRADE REGIME
URBAN AREAS
WEALTH
ABSOLUTE POVERTY
ABSOLUTE VALUE
ADVERSE IMPACT
AGGREGATE GROWTH
AGGREGATE OUTPUT
AGRICULTURAL GROWTH
ANNUAL GROWTH
ANNUAL GROWTH RATE
ANNUAL RATE
AVERAGE INCOME
AVERAGE INEQUALITY
BALANCED GROWTH
CAPITAL MARKET
CAPITAL MARKET FAILURES
CHANGING INCOME DISTRIBUTION
CONSUMPTION GROWTH
COUNTRY LEVEL
CREDIT MARKET
CROSS-COUNTRY COMPARISONS
CUMULATIVE DISTRIBUTION
CUMULATIVE DISTRIBUTION FUNCTION
DATA ISSUES
DATA SETS
DATA SOURCES
DENSITY FUNCTION
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPING WORLD
DEVELOPMENT INDICATORS
DEVELOPMENT REPORT
DEVELOPMENT RESEARCH
DEVELOPMENT STUDIES
DISTRIBUTIONAL DATA
DISTRIBUTIONAL TERM
ECONOMIC ACTIVITY
ECONOMIC CONTRACTION
ECONOMIC GROWTH
EMPIRICAL EVIDENCE
EMPIRICAL RELATIONSHIP
EQUITABLE DISTRIBUTION
EXTERNALITIES
EXTREME POVERTY
FINANCIAL CRISIS
GINI INDEX
GROWING ECONOMY
GROWTH COMPONENT
GROWTH ELASTICITY
GROWTH EPISODES
GROWTH INCIDENCE
GROWTH PROCESS
GROWTH PROSPECTS
GROWTH RATES
HEADCOUNT INDEX
HIGH GROWTH
HIGH INEQUALITY
HIGH INEQUALITY COUNTRIES
HOUSEHOLD INCOME
HOUSEHOLD LEVEL
HOUSEHOLD SURVEY
HOUSEHOLD SURVEYS
INCOME DISPARITIES
INCOME DISTRIBUTION
INCOME GROWTH
INCOME INEQUALITY
INCOME POVERTY
INEQUALITY CHANGES
INEQUALITY FALLS
INEQUALITY INDEX
INEQUALITY MEASURE
INEQUALITY MEASURES
INEQUALITY WILL
INFLATION
LIVING STANDARDS
LOCAL LEVEL
LOG GINI
LOW INEQUALITY
MACROECONOMIC ENVIRONMENT
MACROECONOMIC INSTABILITY
MARKET ECONOMY
MARKET FAILURES
MEAN CONSUMPTION
MEAN GROWTH
MEAN INCOME
MEAN INCOMES
MEASUREMENT ERROR
MEASUREMENT ERRORS
MORAL HAZARD
NATIONAL ACCOUNTS
PER CAPITA INCOME
POINT DECLINE
POLICY CHANGES
POLICY MAKERS
POLICY REFORMS
POLICY RESEARCH
POOR AREAS
POOR COUNTRIES
POOR PEOPLE
POSITIVE CORRELATION
POVERTY ANALYSIS
POVERTY GAP
POVERTY IMPACT
POVERTY LINE
POVERTY MEASURES
POVERTY RATE
POVERTY RATES
POVERTY REDUCTION
POVERTY RISES
POVERTY-REDUCING IMPACT
PRIVATE CONSUMPTION
PRIVATE PRODUCTION
PRO-POOR
PRO-POOR GROWTH
PROPORTIONATE CHANGES
PUBLIC GOODS
PUBLIC INFRASTRUCTURE
PURCHASING POWER
PURCHASING POWER PARITY
RAPID GROWTH
REAL TERMS
REDUCED INEQUALITY
REDUCING INEQUALITY
REDUCING POVERTY
REGIONAL DISPARITIES
RELATIVE INEQUALITY
RELATIVE POVERTY
RELATIVE PRICES
RESEARCH FINDINGS
RISING INEQUALITY
RURAL AREAS
RURAL POVERTY
SECTORAL COMPOSITION
SERIAL CORRELATION
SHARP REDUCTION
SIGNIFICANT CORRELATION
SOCIAL SERVICES
TRADE REGIME
URBAN AREAS
WEALTH
spellingShingle ABSOLUTE POVERTY
ABSOLUTE VALUE
ADVERSE IMPACT
AGGREGATE GROWTH
AGGREGATE OUTPUT
AGRICULTURAL GROWTH
ANNUAL GROWTH
ANNUAL GROWTH RATE
ANNUAL RATE
AVERAGE INCOME
AVERAGE INEQUALITY
BALANCED GROWTH
CAPITAL MARKET
CAPITAL MARKET FAILURES
CHANGING INCOME DISTRIBUTION
CONSUMPTION GROWTH
COUNTRY LEVEL
CREDIT MARKET
CROSS-COUNTRY COMPARISONS
CUMULATIVE DISTRIBUTION
CUMULATIVE DISTRIBUTION FUNCTION
DATA ISSUES
DATA SETS
DATA SOURCES
DENSITY FUNCTION
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPING WORLD
DEVELOPMENT INDICATORS
DEVELOPMENT REPORT
DEVELOPMENT RESEARCH
DEVELOPMENT STUDIES
DISTRIBUTIONAL DATA
DISTRIBUTIONAL TERM
ECONOMIC ACTIVITY
ECONOMIC CONTRACTION
ECONOMIC GROWTH
EMPIRICAL EVIDENCE
EMPIRICAL RELATIONSHIP
EQUITABLE DISTRIBUTION
EXTERNALITIES
EXTREME POVERTY
FINANCIAL CRISIS
GINI INDEX
GROWING ECONOMY
GROWTH COMPONENT
GROWTH ELASTICITY
GROWTH EPISODES
GROWTH INCIDENCE
GROWTH PROCESS
GROWTH PROSPECTS
GROWTH RATES
HEADCOUNT INDEX
HIGH GROWTH
HIGH INEQUALITY
HIGH INEQUALITY COUNTRIES
HOUSEHOLD INCOME
HOUSEHOLD LEVEL
HOUSEHOLD SURVEY
HOUSEHOLD SURVEYS
INCOME DISPARITIES
INCOME DISTRIBUTION
INCOME GROWTH
INCOME INEQUALITY
INCOME POVERTY
INEQUALITY CHANGES
INEQUALITY FALLS
INEQUALITY INDEX
INEQUALITY MEASURE
INEQUALITY MEASURES
INEQUALITY WILL
INFLATION
LIVING STANDARDS
LOCAL LEVEL
LOG GINI
LOW INEQUALITY
MACROECONOMIC ENVIRONMENT
MACROECONOMIC INSTABILITY
MARKET ECONOMY
MARKET FAILURES
MEAN CONSUMPTION
MEAN GROWTH
MEAN INCOME
MEAN INCOMES
MEASUREMENT ERROR
MEASUREMENT ERRORS
MORAL HAZARD
NATIONAL ACCOUNTS
PER CAPITA INCOME
POINT DECLINE
POLICY CHANGES
POLICY MAKERS
POLICY REFORMS
POLICY RESEARCH
POOR AREAS
POOR COUNTRIES
POOR PEOPLE
POSITIVE CORRELATION
POVERTY ANALYSIS
POVERTY GAP
POVERTY IMPACT
POVERTY LINE
POVERTY MEASURES
POVERTY RATE
POVERTY RATES
POVERTY REDUCTION
POVERTY RISES
POVERTY-REDUCING IMPACT
PRIVATE CONSUMPTION
PRIVATE PRODUCTION
PRO-POOR
PRO-POOR GROWTH
PROPORTIONATE CHANGES
PUBLIC GOODS
PUBLIC INFRASTRUCTURE
PURCHASING POWER
PURCHASING POWER PARITY
RAPID GROWTH
REAL TERMS
REDUCED INEQUALITY
REDUCING INEQUALITY
REDUCING POVERTY
REGIONAL DISPARITIES
RELATIVE INEQUALITY
RELATIVE POVERTY
RELATIVE PRICES
RESEARCH FINDINGS
RISING INEQUALITY
RURAL AREAS
RURAL POVERTY
SECTORAL COMPOSITION
SERIAL CORRELATION
SHARP REDUCTION
SIGNIFICANT CORRELATION
SOCIAL SERVICES
TRADE REGIME
URBAN AREAS
WEALTH
ABSOLUTE POVERTY
ABSOLUTE VALUE
ADVERSE IMPACT
AGGREGATE GROWTH
AGGREGATE OUTPUT
AGRICULTURAL GROWTH
ANNUAL GROWTH
ANNUAL GROWTH RATE
ANNUAL RATE
AVERAGE INCOME
AVERAGE INEQUALITY
BALANCED GROWTH
CAPITAL MARKET
CAPITAL MARKET FAILURES
CHANGING INCOME DISTRIBUTION
CONSUMPTION GROWTH
COUNTRY LEVEL
CREDIT MARKET
CROSS-COUNTRY COMPARISONS
CUMULATIVE DISTRIBUTION
CUMULATIVE DISTRIBUTION FUNCTION
DATA ISSUES
DATA SETS
DATA SOURCES
DENSITY FUNCTION
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPING WORLD
DEVELOPMENT INDICATORS
DEVELOPMENT REPORT
DEVELOPMENT RESEARCH
DEVELOPMENT STUDIES
DISTRIBUTIONAL DATA
DISTRIBUTIONAL TERM
ECONOMIC ACTIVITY
ECONOMIC CONTRACTION
ECONOMIC GROWTH
EMPIRICAL EVIDENCE
EMPIRICAL RELATIONSHIP
EQUITABLE DISTRIBUTION
EXTERNALITIES
EXTREME POVERTY
FINANCIAL CRISIS
GINI INDEX
GROWING ECONOMY
GROWTH COMPONENT
GROWTH ELASTICITY
GROWTH EPISODES
GROWTH INCIDENCE
GROWTH PROCESS
GROWTH PROSPECTS
GROWTH RATES
HEADCOUNT INDEX
HIGH GROWTH
HIGH INEQUALITY
HIGH INEQUALITY COUNTRIES
HOUSEHOLD INCOME
HOUSEHOLD LEVEL
HOUSEHOLD SURVEY
HOUSEHOLD SURVEYS
INCOME DISPARITIES
INCOME DISTRIBUTION
INCOME GROWTH
INCOME INEQUALITY
INCOME POVERTY
INEQUALITY CHANGES
INEQUALITY FALLS
INEQUALITY INDEX
INEQUALITY MEASURE
INEQUALITY MEASURES
INEQUALITY WILL
INFLATION
LIVING STANDARDS
LOCAL LEVEL
LOG GINI
LOW INEQUALITY
MACROECONOMIC ENVIRONMENT
MACROECONOMIC INSTABILITY
MARKET ECONOMY
MARKET FAILURES
MEAN CONSUMPTION
MEAN GROWTH
MEAN INCOME
MEAN INCOMES
MEASUREMENT ERROR
MEASUREMENT ERRORS
MORAL HAZARD
NATIONAL ACCOUNTS
PER CAPITA INCOME
POINT DECLINE
POLICY CHANGES
POLICY MAKERS
POLICY REFORMS
POLICY RESEARCH
POOR AREAS
POOR COUNTRIES
POOR PEOPLE
POSITIVE CORRELATION
POVERTY ANALYSIS
POVERTY GAP
POVERTY IMPACT
POVERTY LINE
POVERTY MEASURES
POVERTY RATE
POVERTY RATES
POVERTY REDUCTION
POVERTY RISES
POVERTY-REDUCING IMPACT
PRIVATE CONSUMPTION
PRIVATE PRODUCTION
PRO-POOR
PRO-POOR GROWTH
PROPORTIONATE CHANGES
PUBLIC GOODS
PUBLIC INFRASTRUCTURE
PURCHASING POWER
PURCHASING POWER PARITY
RAPID GROWTH
REAL TERMS
REDUCED INEQUALITY
REDUCING INEQUALITY
REDUCING POVERTY
REGIONAL DISPARITIES
RELATIVE INEQUALITY
RELATIVE POVERTY
RELATIVE PRICES
RESEARCH FINDINGS
RISING INEQUALITY
RURAL AREAS
RURAL POVERTY
SECTORAL COMPOSITION
SERIAL CORRELATION
SHARP REDUCTION
SIGNIFICANT CORRELATION
SOCIAL SERVICES
TRADE REGIME
URBAN AREAS
WEALTH
Ravallion, Martin
Inequality is Bad for the Poor
description 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.
topic_facet ABSOLUTE POVERTY
ABSOLUTE VALUE
ADVERSE IMPACT
AGGREGATE GROWTH
AGGREGATE OUTPUT
AGRICULTURAL GROWTH
ANNUAL GROWTH
ANNUAL GROWTH RATE
ANNUAL RATE
AVERAGE INCOME
AVERAGE INEQUALITY
BALANCED GROWTH
CAPITAL MARKET
CAPITAL MARKET FAILURES
CHANGING INCOME DISTRIBUTION
CONSUMPTION GROWTH
COUNTRY LEVEL
CREDIT MARKET
CROSS-COUNTRY COMPARISONS
CUMULATIVE DISTRIBUTION
CUMULATIVE DISTRIBUTION FUNCTION
DATA ISSUES
DATA SETS
DATA SOURCES
DENSITY FUNCTION
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPING WORLD
DEVELOPMENT INDICATORS
DEVELOPMENT REPORT
DEVELOPMENT RESEARCH
DEVELOPMENT STUDIES
DISTRIBUTIONAL DATA
DISTRIBUTIONAL TERM
ECONOMIC ACTIVITY
ECONOMIC CONTRACTION
ECONOMIC GROWTH
EMPIRICAL EVIDENCE
EMPIRICAL RELATIONSHIP
EQUITABLE DISTRIBUTION
EXTERNALITIES
EXTREME POVERTY
FINANCIAL CRISIS
GINI INDEX
GROWING ECONOMY
GROWTH COMPONENT
GROWTH ELASTICITY
GROWTH EPISODES
GROWTH INCIDENCE
GROWTH PROCESS
GROWTH PROSPECTS
GROWTH RATES
HEADCOUNT INDEX
HIGH GROWTH
HIGH INEQUALITY
HIGH INEQUALITY COUNTRIES
HOUSEHOLD INCOME
HOUSEHOLD LEVEL
HOUSEHOLD SURVEY
HOUSEHOLD SURVEYS
INCOME DISPARITIES
INCOME DISTRIBUTION
INCOME GROWTH
INCOME INEQUALITY
INCOME POVERTY
INEQUALITY CHANGES
INEQUALITY FALLS
INEQUALITY INDEX
INEQUALITY MEASURE
INEQUALITY MEASURES
INEQUALITY WILL
INFLATION
LIVING STANDARDS
LOCAL LEVEL
LOG GINI
LOW INEQUALITY
MACROECONOMIC ENVIRONMENT
MACROECONOMIC INSTABILITY
MARKET ECONOMY
MARKET FAILURES
MEAN CONSUMPTION
MEAN GROWTH
MEAN INCOME
MEAN INCOMES
MEASUREMENT ERROR
MEASUREMENT ERRORS
MORAL HAZARD
NATIONAL ACCOUNTS
PER CAPITA INCOME
POINT DECLINE
POLICY CHANGES
POLICY MAKERS
POLICY REFORMS
POLICY RESEARCH
POOR AREAS
POOR COUNTRIES
POOR PEOPLE
POSITIVE CORRELATION
POVERTY ANALYSIS
POVERTY GAP
POVERTY IMPACT
POVERTY LINE
POVERTY MEASURES
POVERTY RATE
POVERTY RATES
POVERTY REDUCTION
POVERTY RISES
POVERTY-REDUCING IMPACT
PRIVATE CONSUMPTION
PRIVATE PRODUCTION
PRO-POOR
PRO-POOR GROWTH
PROPORTIONATE CHANGES
PUBLIC GOODS
PUBLIC INFRASTRUCTURE
PURCHASING POWER
PURCHASING POWER PARITY
RAPID GROWTH
REAL TERMS
REDUCED INEQUALITY
REDUCING INEQUALITY
REDUCING POVERTY
REGIONAL DISPARITIES
RELATIVE INEQUALITY
RELATIVE POVERTY
RELATIVE PRICES
RESEARCH FINDINGS
RISING INEQUALITY
RURAL AREAS
RURAL POVERTY
SECTORAL COMPOSITION
SERIAL CORRELATION
SHARP REDUCTION
SIGNIFICANT CORRELATION
SOCIAL SERVICES
TRADE REGIME
URBAN AREAS
WEALTH
author Ravallion, Martin
author_facet Ravallion, Martin
author_sort Ravallion, Martin
title Inequality is Bad for the Poor
title_short Inequality is Bad for the Poor
title_full Inequality is Bad for the Poor
title_fullStr Inequality is Bad for the Poor
title_full_unstemmed Inequality is Bad for the Poor
title_sort inequality is bad for the poor
publisher World Bank, Washington, DC
publishDate 2005-08
url http://documents.worldbank.org/curated/en/2005/08/6200517/inequality-bad-poor
https://hdl.handle.net/10986/8625
work_keys_str_mv AT ravallionmartin inequalityisbadforthepoor
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