Shared Prosperity In America S Communities

Author: Susan M. Wachter
Publisher: University of Pennsylvania Press
ISBN: 081224785X
Size: 19.38 MB
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Shared Prosperity in America's Communities examines the degree to which place matters in the geography of economic opportunity; offers strategies to address the challenges of place-based inequality; and shows how communities across the nation are implementing change and building a future of shared prosperity.

From Financial Crisis To Stagnation

Author: Thomas I. Palley
Publisher: Cambridge University Press
ISBN: 1107612462
Size: 22.10 MB
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This book offers a novel explanation of the financial crisis and Great Recession that emphasizes the destruction of shared prosperity over the past thirty years. This contrasts with "black swan" styled explanations that emphasize unexpected financial shocks and speculation. The book explains why the economy is now confronted with stagnation rather than the quick recovery predicted by other accounts.

Shared Prosperity

Author: Maurizio Bussolo
Publisher: World Bank Publications
ISBN: 146480267X
Size: 55.45 MB
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The World Bank has recently defined two strategic goals: ending extreme poverty and boosting shared prosperity. Shared prosperity is measured as income growth among the bottom 40 percent of the income distribution in the population. The two goals should be achieved in a way that is sustainable from economic, social, and environmental perspectives. Shared Prosperity: Paving the Way in Europe and Central Asia focuses on the second goal and proposes a framework that integrates both macroeconomic and microeconomic elements. The macro variables, particularly changes in relative prices, affect income growth differentially along the income distribution; at the same time, the microeconomic distribution of assets at the bottom of the distribution determines the capacity of the bottom 40 to take advantage of the macroeconomic environment and contribute to overall growth. Growth and the incidence of growth are thus understood as jointly determined processes. Besides this integration, the main input of the framework is the finding that the trade-off between growth and equity may be an issue only in the short run. Over the long run, redistribution policies that increase the productive capacity of the bottom 40 percent enhance the overall growth potential of the economy. This report considers shared prosperity in Europe and Central Asia and concludes that the performance in sharing prosperity during the period 2000–10 was good, on average, but heterogeneous across countries and that sustainability is unclear. It also describes examples of the application of the framework to selected countries in the region. Finally, the report provides a tool to structure the policy discussion around the goal of shared prosperity and explains that specific policy links associated with the goal can be established only after a thorough analysis of the country-specific context.

Back To Shared Prosperity

Author: Ray Marshall
Publisher: Routledge
ISBN: 1317476182
Size: 39.18 MB
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To what extent are major social and political problems caused by basic income and unemployment trends? Is it possible to restore the kind of broadly shared prosperity the U.S. once experienced before the early 1970s? Some of the top economists of our time address these critical questions.

Shared Prosperity And Poverty Eradication In Latin America And The Caribbean

Author: Louise Cord
Publisher: World Bank Publications
ISBN: 1464803587
Size: 57.24 MB
Format: PDF
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Over the last decade Latin America and the Caribbean region has achieved important progress towards the World Bank Group's goals of eradicating extreme poverty and boosting income growth of the bottom 40 percent, propelled by remarkable economic growth and falling income inequality. Despite this impressive performance, social progress has not been uniform over this period, and certain countries, subregions and even socioeconomic groups participated less in the growth process. As of today, more than 75 million people still live in extreme poverty in the region (using $2.50/day/capita), half of them in Brazil and Mexico, and extreme poverty rates top 40 percent in Guatemala and reach nearly 60 percent in Haiti. This means that extreme poverty is still an important issue in both low- and middle-income countries in the region. As growth wanes and progress in reducing the still high levels of inequality in the region slows, it will be more important than ever for governments to focus policies on inclusive growth. The book includes an overview that highlights progress towards the goals of poverty eradication and shared prosperity between 2003 and 2012, unpacks recent gains at the household level using an income-based asset model, and examines some of the policy levers used to affect social outcomes in the region. It draws on 13 country studies, eight of which are featured in this volume: Argentina, Brazil, Colombia, El Salvador, Mexico, Paraguay, Peru, and Uruguay. The other case studies include: Bolivia, Chile, Dominican Republic, Ecuador, and Honduras, which will be included in the web version of the book.

Shared Prosperity

Author: Ambar Narayan
Size: 72.38 MB
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Focusing on the welfare of the less well off as a measure of real societal progress is the fundamental principle underlying the WBG indicator of "shared prosperity", namely income growth of the bottom 40 percent in every country. This paper uses a database assembled by the World Bank Group to investigate some basic characteristics of shared prosperity, particularly its relationship with overall economic growth and inequality. Initial estimates using this dataset of 79 countries show that median income growth of the bottom 40 percent (circa 2005-2010) was 4.2 percent, a high number in comparison to the 3.1 percent per capita income growth of the overall population. In addition, the low and lower-middle income countries appear to be trailing the upper middle and high income countries in boosting shared prosperity. Establishing conceptual links between income growth of the bottom 40 percent, the overall growth rate and reviewing existing evidence on how these relate to inequality, the paper discusses two main ideas. First, shared prosperity is strongly correlated with overall prosperity implying that the whole host of policies that are important to generate and sustain growth remain relevant. Second, boosting shared prosperity will also require a concerted effort to strengthen the social contract, particularly in the area of promoting equality of opportunity. Growing evidence suggests that improving access for all and reducing inequality of opportunities-particularly those related to human capital development of children-are not only about "fairness" and building a "just society", but also about realizing a society's aspirations of economic prosperity.

Voice And Agency

Author: Jeni Klugman
Publisher: World Bank Publications
ISBN: 1464803609
Size: 35.13 MB
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Despite recent advances in important aspects of the lives of girls and women, pervasive challenges remain. These challenges reflect widespread deprivations and constraints and include epidemic levels of gender-based violence and discriminatory laws and norms that prevent women from owning property, being educated, and making meaningful decisions about their own lives--such as whether and when to marry or have children. These often violate their most basic rights and are magnified and multiplied by poverty and lack of education. This groundbreaking book distills vast data and hundreds of studies to shed new light on deprivations and constraints facing the voice and agency of women and girls worldwide, and on the associated costs for individuals, families, communities, and global development. The volume presents major new findings about the patterns of constraints and overlapping deprivations and focuses on several areas key to women s empowerment: freedom from violence, sexual and reproductive health and rights, ownership of land and housing, and voice and collective action. It highlights promising reforms and interventions from around the world and lays out an urgent agenda for governments, civil society, development agencies, and other stakeholders, including a call for greater investment in data and knowledge to benchmark progress.


Author: Raymond Parsons
ISBN: 9781770096479
Size: 41.98 MB
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Outlining key social and economic realities that confront South Africa's new government, this collection of 11 essays by top economic and political analysts debates the problems facing newly elected socialist-leaning president Jacob Zuma. Politically, the widespread world recession has South Africans on both the left and the right calling for change in the economy, and these articles offer 70 key recommendations for bolstering the country's business climate. Controversial issues include interest rates, labor markets, the breakaway COPE party, and how far to the Left a Zuma government can swing, given the economic constraints on their options.

Jobs For Shared Prosperity

Author: Roberta Gatti
Publisher: World Bank Publications
ISBN: 0821397206
Size: 22.87 MB
Format: PDF, Docs
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In the aftermath of the Arab Spring, the question of jobs continues to be crucial in the Middle East and North Africa region. This report uses jobs as a lens to weave together the complex dynamics of employment creation, skills supply, and the institutional environment of labor markets.

The Pro Growth Progressive

Author: Gene Sperling
Publisher: Simon and Schuster
ISBN: 0743292413
Size: 44.52 MB
Format: PDF, Docs
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A Simon & Schuster eBook. Simon & Schuster has a great book for every reader.