2007
DOI: 10.1596/1813-9450-4392
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Global Growth And Distribution : Are China And India Reshaping The World?

Abstract: Over the past 20 years, aggregate measures of global inequality have changed little even if significant structural changes have been observed. High growth rates of China and India lifted millions out of poverty, while the stagnation in many African countries caused them to fall behind. Using the World Bank's LINKAGE global general equilibrium model and the newly developed Global Income Distribution Dynamics (GIDD) tool, this paper assesses the distribution and poverty effects of a scenario where these trends c… Show more

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Cited by 27 publications
(31 citation statements)
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“…For the sake of clarity, we only report here the lower bound, the central, and the upper bound of the 27 possible estimates. 10 For an explanation of the GIDD and an application on the ex ante changes in global income distribution, see Bussolo et al (2007).…”
Section: Resultsmentioning
confidence: 99%
“…For the sake of clarity, we only report here the lower bound, the central, and the upper bound of the 27 possible estimates. 10 For an explanation of the GIDD and an application on the ex ante changes in global income distribution, see Bussolo et al (2007).…”
Section: Resultsmentioning
confidence: 99%
“…Yet, the UNWTO's (2010) forecast for 1.6 billion international tourists by 2020 is founded mainly on expectations of continued rapid growth in Asia. China and India, in particular, are expected by 2020 to have travel-hungry middle classes numbering in the hundreds of millions (Bussolo et al 2007;Harris 2005).…”
Section: Abia-pacific Regionmentioning
confidence: 99%
“…Ravallion (2010) also focused on the middle class in developing countries, defining them as the population lying between the median poverty line of developing countries and the poverty line of the United States, which is the upper bound of those being middle class, i.e., lying between $2 and approximately $26.5 (2005 PPP $) per person per day. Finally, Bussolo, De Hoyos, Medvedev, and van der Mensbrugghe (2007); and Bussolo, De Hoyos, and Medvedev (2009) Birdsall (2007) uses a $10 (2005 PPP $) per person per day line to identify the middle class and simply requires that they make less than 90% of the income distribution in a given country, thus creating a middle class definition that is absolute at the bottom end and relative at the upper end of the distribution.…”
Section: Defining the Middle Classmentioning
confidence: 99%