A 'World' Distribution of Income and of Real Poverty and Affluence (The Quaid-i-Azam Lecture)

1987 ◽  
Vol 26 (3) ◽  
pp. 275-308
Author(s):  
Pan A. Yotopoulos

Since the early 1970s, when income distribution became an operative objective of economic development (Chenery et al. 1974), knowledge on the subject has certainly improved. A number of analytical treatises have focused on the issue Pen (1971), Atkinson (1970), Cline (1975) and, more important, data on income distribution are routinely reported for about a score of developing countries (LDCs) and as many developed countries (Des) World Bank (1986), Jain (1975), Paukert (1973). These data deal with the within-country relative income distribution and report one or more of the common inequality measures. Moreover, for some countries measures of absolute poverty exist which report, e.g., the population that lives below a "poverty level", defmed in terms of consumption (calories) or income (for example, Dandekar and Rath (1971), Bardhan (1970), (1973), Fishlow (1972). Such measures of absolute poverty, if aggregated over a number of countries, give a measure of relative world poverty and an idea of how it is distributed between- countries. Cross-country comparisons have also been based on ranking various countries on the basis of their measures of relative income distribution.

Author(s):  
Ahmet Ay ◽  
Emine Fırat ◽  
Fatih Mangır

The concept of development has been evaluated by several economic scholars within different historical processes. The meaning of the concept has changed towards the direction from a single theoretical perspective into a multi-theoretical perspective. One of these perspectives is alleviation of poverty. Poverty appears when people cannot meet basic needs for their lives. Poverty level is total amount of expenditure which is necessary to meet the basic needs. Poverty level is the determinant of welfare level of a country and its regions. Poverty numbers and poverty level are criteria indicating to what extent is development achieved. Income distribution is another issue which must be handled with poverty. Fair distribution of income must be an important policy in alleviating poverty. In this context, impact of income distribution must be positive on development level. In this study, the relationship between poverty and development has been presented within the context of Turkey and its regions.


Author(s):  
Gülşen Sarı Gerşil ◽  
Hülya Yeşilyurt

A country's wealth and poverty are opposite to each other, but they are two inseparable important elements. The more the subject how to increase the welfare of the country is important, the more the distribution of this welfare among country members, especially. Although the observed increase in global prosperity with 21st century in especial that adopted neo-liberal policies in all over the world has caused to further deepening of the phenomenon of poverty. This case has given rise that concept of the "Poverty" has been discussed intensively workers in manufacturing is important. So, issues of fair distribution of income and prevention of poverty should be handled as interdisciplinary, mainly including social policy. That socio-economic and political structure of societies are different has been complicated to have a common definition on the concept of poverty. The World Bank, based on the absolute poverty approach, has made a research to determine the poverty line in the world (by getting base the ones who reap a profit below $ 1) and has determined that the poor class has remained in “minority” compared to world population. As it appears; more than half of the world population is below of the poverty line in reality. While seen daily increases in the welfare of the world countries, given the impression that poverty decreases does not reflect the reality. In this study, why poverty cannot be prevented besides causes of increase will be examined; this dangerous situation rapidly increasing in Turkey and in the world will be analyzed.


2021 ◽  
Vol 59 (4) ◽  
pp. 1191-1239
Author(s):  
Junsen Zhang

After China’s recent great success in eliminating absolute poverty, addressing relative income inequality becomes a more important issue. This survey finds that income inequality rapidly increased in the first three decades since 1978 but stabilized and slightly declined in the past decade, consistent with the well-known Kuznets hypothesis. In addition to documenting the trend and patterns over time and across groups and regions, seven sources of income inequality are systematically discussed with an effort to reconcile and extend the existing literature. Furthermore, a negative correlation is documented between income inequality and intergenerational mobility, consistent with the Great Gatsby curve observed in developed countries. (JEL D31, D63, O15, P36)


2016 ◽  
Vol 19 (1) ◽  
pp. 155-175
Author(s):  
Klaudia Zielińska

Financial stability inside the European Monetary Union (EMU) is a trendy topic in most developed countries around the world. From the moment the EMU was brought to life, there was much speculation about its imperfections, inadequate management, and vulnerability. Some of them have turned out to be true, while others have been proved invalid. Nevertheless, the debt crisis has demonstrated inadequacies in the EMU’s structure and proved that a higher degree of integration is necessary in order to guarantee the robustness of the common currency and fully utilize its potential. This article summarizes the most serious doubts with respect to the functioning of the monetary union and evaluates their credibility over time. New financial stability-securing solutions are also described and analyzed as to whether they are sufficient to prevent Europe from stumbling from one crisis to another. The subject is analyzed over different periods of time – firstly describing the term “financial stability”, along with the major concerns about the process of introducing the euro at the time of its finalization and implementation. Secondly the article describes how these preceding doubts have been verified during the following fourteen years of the EMU’s functioning. The revealed weaknesses of the EMU are also underlined in order to prove the need of further integration. The final section summarizes the solutions implemented in response to the crises that have hit Europe during the time of the Euro’s functioning.


2019 ◽  
Vol 109 ◽  
pp. 302-306 ◽  
Author(s):  
Dennis Fixler ◽  
Marina Gindelsky ◽  
David Johnson

Developing a national account-based measure of the distribution of income from the commonly used census-based concept of money income has been the subject of earlier research. We use publicly available survey and administrative data to construct a distribution of personal income after enhancing the top income distribution in the Current Population Survey (2007 and 2012). We show that inequality measures are fairly sensitive to the definition of income contemporaneously and across time. This work helps bridge the gap between micro data and macro statistics and informs about results from other studies, such as Piketty et al. (2018).


PEDIATRICS ◽  
1995 ◽  
Vol 95 (5) ◽  
pp. 631-631

Health is affected by differences in relative income (differences between groups of people within the same society), not by the absolute level of average incomes for each society as a whole. This is confirmed by the surprisingly strong relationship between income distribution and mortality rates in developed countries. The countries with the longest life expectancy are not the wealthiest but those with the smallest spread of incomes and the smallest proportion of the population in relative poverty.


2020 ◽  
Vol 23 (10) ◽  
pp. 1182-1194
Author(s):  
A.A. Akhmetzyanov ◽  
A.Yu. Sokolov

Subject. The article focuses on the advanced time-driven tools for allocating overhead expenses, which are based on process-based budgeting. Objectives. We articulate a technique for cost allocation so as to assess the cost of each process with reference to the common time driver. Methods. The study relies upon methods of systematization, classification, analogy and comparison, and summarizes the scientific literature on the subject. Results. The article presents our own suggestions on implementing TD-ABC and TD-ABB into the strategic management accounting process of developer companies. The principles were proved to help more effectively allocate overhead expenses and assess the capacity load of each process performed by functions, departments and employees. Carrying out a comparative analysis, we found certain reserves for utilizing resources more effectively. Conclusions and Relevance. The findings are of scientific and practical significance and can be used by developer and construction businesses. The conclusions can prove helpful for scientific papers, student books, and further research.


2004 ◽  
Vol 32 (3) ◽  
pp. 337-355 ◽  
Author(s):  
Leslie Zines

This article originally was published as a Law and Policy Paper. The Law and Policy Papers series was established in 1994 by the Centre for International and Public Law in the Faculty of Law, the Australian National University. The series publishes papers contributing to understanding and discussion on matters relating to law and public policy, especially those that are the subject of contemporary debate. In 1999 the papers were published jointly by the Centre for International and Public Law and The Federation Press. This article is reproduced in the Federal Law Review with the permission of the original publishers.


Author(s):  
Justine Pila

This chapter considers the meaning of the terms that appropriately denote the subject matter protectable by registered trade mark and allied rights, including the common law action of passing off. Drawing on the earlier analyses of the objects protectable by patent and copyright, it defines the trade mark, designation of origin, and geographical indication in their current European and UK conception as hybrid inventions/works in the form of purpose-limited expressive objects. It also considers the relationship between the different requirements for trade mark and allied rights protection, and related principles of entitlement. In its conclusion, the legal understandings of trade mark and allied rights subject matter are presented as answers to the questions identified in Chapter 3 concerning the categories and essential properties of the subject matter in question, their method of individuation, and the relationship between and method of establishing their and their tokens’ existence.


2021 ◽  
Vol 11 (2) ◽  
pp. 21
Author(s):  
Julia V. Furtado ◽  
António C. Moreira ◽  
Jorge Mota

Gender affirmative action (AA) in management remains a controversial topic among scholars, practitioners, and employees. While some individuals may support the use of AA policies as a means of increasing representation of women, others are not supportive at all, further understanding gender AA as an unacceptable violation of merit—even when targeted by it. With the aim of analyzing how scholars have approached the subject, we systematically reviewed 76 published articles (SCOPUS database), covering the extant literature on gender AA and management. Findings indicate a consensus regarding the common antecedents of attitudes towards gender AA with prior experiences with AA and diversity management (DM) (as well as general perceptions of AA). Performance and satisfaction appear as the predominant outcomes. In addition, while investigating the differences among AA, equal employment opportunity (EEO) and diversity management (DM), scholars are mainly focused on the effectiveness of AA as a means of increasing the inclusion of minorities in general. We conclude that despite marginal studies on employees’ attitudes toward gender AA, there is a gap in the literature, particularly an absence of research on the bivalent position of meritocracy (or merit violation) as both an antecedent and outcome of attitudes towards AA, which deserves further scrutiny.


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