Showing papers by "Sanket Mohapatra published in 2002"

Capital inflows and capital outflows: measurement, determinants, consequences

Abstract: Para cualquier uso del contenido del presente documento debe ponerse en contacto con el autor.

Poverty, inequality and the distribution of income in the Group of 20

Abstract: In the 2001 centenary edition of the Economic Roundup, Treasury presented the evidence then available of narrowing in the last decades of the 20 th century of inter-country inequality, and continuing reduction in the proportion of the world population in extreme poverty. 2 Subsequent research — such as that presented below — has used new ways of presenting available (albeit still imperfect) data. It supports stronger claims than in the centenary Roundup. The absolute number in poverty has begun to fall, notwithstanding global population growth, for the first time in the history of the statistics. Moreover we can now picture how narrowing inter-country inequality has outweighed widening national inequality in some countries, so that global inequality has apparently begun to narrow. Most estimates of poverty and inequality use only household surveys of income or expenditure. These estimates have been criticised for not accounting for the role of public spending in influencing poverty and inequality, and because for many countries, surveyed household income or expenditure have been falling below estimates of similar concepts from national accounts by an increasing margin over time. Professor Xavier Sala-i-Martin of Columbia University published several influential studies in 2002 that addressed these problems by combining survey estimates of distribution with national accounts estimates of consumption or income levels. 3 During 2001 and 2002, the Group of Twenty (G20) 4 large economies compared their experiences of the policy challenges from globalisation, including their experiences of

Poverty, inequality and the distribution of income in the G20

Abstract: This paper follows Sala-i-Martin (2002) and estimates the distribution of income for the G20 countries for every year between 1970 and 1998 Two important aspects of the distribution are then analyzed: the poverty rates (the fraction of the G20 that earn incomes of less than 1 dollar and less than 2 dollars a day) and various measures of inequality By all counts, the G20 have performed very well over the last three decades