TY - JOUR
T1 - Global Poverty and Inequality
T2 - Are the revised estimates open to an alternative interpretation?
AU - Edward, Peter
AU - Sumner, Andy
PY - 2018
Y1 - 2018
N2 - The level of, and trends in, global inequality and global poverty are indicative assessments of who has benefited from economic growth. The revision of price data has led to a reassessment of those estimates. Through an extensive overview of the implications, we argue that the data can be read in different ways. Quasi-official estimates show global extreme poverty and global inequality are considerably lower than previously thought. We argue that these changes are much less significant than they at first appear and we present a more nuanced alternative interpretation by exploring changes across the entire global distribution.
AB - The level of, and trends in, global inequality and global poverty are indicative assessments of who has benefited from economic growth. The revision of price data has led to a reassessment of those estimates. Through an extensive overview of the implications, we argue that the data can be read in different ways. Quasi-official estimates show global extreme poverty and global inequality are considerably lower than previously thought. We argue that these changes are much less significant than they at first appear and we present a more nuanced alternative interpretation by exploring changes across the entire global distribution.
U2 - 10.1080/01436597.2017.1401461
DO - 10.1080/01436597.2017.1401461
M3 - Article
SN - 0143-6597
VL - 39
JO - Third World Quarterly
JF - Third World Quarterly
IS - 3
ER -
