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Poverty Changes In Developing Countries, Gary S. Fields Jan 1993

Poverty Changes In Developing Countries, Gary S. Fields

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[Excerpt] This chapter is concerned with measuring how the extent of poverty changes in a country over time. 'Poverty', as the term is used here, denotes the inability of an individual or a family to command sufficient resources to satisfy basic needs. The poverty line is a constant real amount below which people are said to be poor. The extent of poverty in a country is then based on variables such as the number who are poor and the extent of their resource shortfall.

This chapter treats three topics: how poverty is defined, how much poverty there is, and how ...


Inequality In Dual Economy Models, Gary S. Fields Jan 1993

Inequality In Dual Economy Models, Gary S. Fields

Articles and Chapters

Ever since the pathbreaking work of Kuznets (1955), economists have been concerned with the question of how inequality should respond to income growth in a two-sector economy. How does inequality change when those in a particular sector (here termed ‘high-income’ and ‘low-income’) get richer? When the high-income sector gets larger and incorporates a larger share of the population? The present paper adds a new perspective to the debate about the effects of the enrichment and enlargement of various sectors on (relative) income inequality.