Relative poverty and inequality are emerging as new concerns in the developing world. In recent years the economic growth that has generally reduced the incidence of absolute poverty in the world has also come with social effects on welfare, notably concerns about relative deprivation and social inclusion.
A new working paper by Shaohua Chen and Martin Ravallion examines how different regions have been performing in terms of both absolute and relative poverty and identifies the factors that underlie the differences. Ravallion, who has been Acting Chief Economist and Senior Vice President for Development Economics at the World Bank since June 1, will talk about the paper at a public lecture in Australia on Tuesday, July 10, 2012. Here is the MS Powerpoint presentation.
- Shaohua Chen and Martin Ravallion (2012), "Absolute Poverty Measures for the Developing World" in Measuring the Real Size of the World Economy, Chapter 20. Washington, DC: World Bank.
- Martin Ravallion and Shaohua Chen (2011), "Weakly Relative Poverty", The Review of Economics and Statistics 2011, November 2011, Vol. 93, No. 4, Pages 1251-1261. Related working paper.
- Martin Ravallion and Shaohua Chen (2011), "Developing World is Poorer Than We Thought, But No Less Successful in the Fight Against Poverty", Quarterly Journal of Economics 2011, Vol. 125. Issue 4, pp. 1577-1625.