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Statement by Mr. Ignazio Visco at the 89th meeting of the Development Committee held on April 12, 2014 (English)

This is a statement by Mr. Ignazio Visco, Governor of the Bank of Italy at the eighty-ninth meeting of the Development Committee held on April 12, 2014. ... See More +

Board Report 86981 APR 12, 2014

Visco, Ignazio

Social gains in the balance : a fiscal policy challenge for Latin America and the Caribbean (English)

In 2012, the Latin America and the Caribbean (LAC) region continued its successful drive to reduce poverty and build the middle class. The proportion of the region's 600 million people living in extreme poverty, defined in the region as life on less than $2.50 a day, was cut in half between 2003 and 2012 to 12.3 percent. ... See More +

Working Paper 85162 FEB 01, 2014

Individual diversity and the Gini decomposition (English)

The paper defines the Gini index as the sum of individual contributions where individual contributions are interpreted as the degree of diversity of each individual from all other members of society. ... See More +

Policy Research Working Paper WPS6763 JAN 01, 2014

Ceriani, Lidia; Verme, Paolo

Inequality in focus vol. 2 (no. 4) (English)

This issue of the Inequality in focus newsletter contains the following topics of interest: aspiration traps: when poverty stifles hope; and, explaining the gap between facts and perceptions of inequality. ... See More +

Newsletter 84370 JAN 01, 2014

Flechtner, Svenja; Verme, Paolo Spanish, French

Inequality in focus vol. 2 (no. 4) : Pleins feux sur les inégalités (French)

This issue of the Inequality in focus newsletter contains the following topics of interest: aspiration traps: when poverty stifles hope; and, explaining the gap between facts and perceptions of inequality. ... See More +

Newsletter 84370 JAN 01, 2014

Flechtner, Svenja; Verme, Paolo English, Spanish

Inequality in focus vol. 2 (no. 4) : La desigualdad bajo la lupa (Spanish)

This issue of the Inequality in focus newsletter contains the following topics of interest: aspiration traps: when poverty stifles hope; and, explaining the gap between facts and perceptions of inequality. ... See More +

Newsletter 84370 JAN 01, 2014

Flechtner, Svenja; Verme, Paolo English, French

Inside inequality in the Arab Republic of Egypt : facts and perceptions across people, time, and space (English)

Press coverage of the Egyptian revolution, both local and international, made frequent use of the word "inequality" to describe one of the factors that generated discontent. ... See More +

Publication 86473 JAN 01, 2014

Verme, Paolo; Milanovic, Branko; Al-Shawarby, Sherine; El Tawila, Sahar; Gadallah, May; El-Majeed, Enas Ali A.

Global income distribution : from the fall of the Berlin Wall to the great recession (English)

The paper presents a newly compiled and improved database of national household surveys between 1988 and 2008. In 2008, the global Gini index is around 70.5 percent having declined by approximately 2 Gini points over this twenty year period. ... See More +

Policy Research Working Paper WPS6719 DEC 01, 2013

Lakner, Christoph; Milanovic, Branko

Performance budgeting in the Republic of Korea (English)

In 2003, the Korean government introduced a broad package of public financial management reforms, which succeeded in integrating performance management into the budget process. ... See More +

Brief 83531 DEC 01, 2013

Park, Nowook

Outcomes, opportunity and development : why unequal opportunities and not outcomes hinder economic development (English)

This paper studies the relationship between inequality of opportunity and development outcomes in a cross-country setting. Scholars have long debated the impact of inequality on growth, development, and the quality of institutions in a society. ... See More +

Policy Research Working Paper WPS6735 DEC 01, 2013

Molina, Ezequiel; Narayan, Ambar; Saavedra-Chanduvi, Jaime

Decomposing the recent inequality decline in Latin America (English)

Over the past decade, 12 of 14 Latin American countries have experienced a reduction in inequality. Based on a series of counterfactual simulations, the observed changes in inequality are decomposed in order to identify the main determinants of inequality. ... See More +

Policy Research Working Paper WPS6715 DEC 01, 2013

Azevedo, Joao Pedro; Inchauste, Gabriela; Sanfelice, Viviane

Eligibility thresholds for minimum living guarantee programs : international practices and implications for China (English)

Using a simple framework, this paper discusses the underlying reason of the variation of threshold level in developed countries, from the least generous 20 percent to around 60 percent of median wage, with an average of 35 percent. ... See More +

Working Paper (Numbered Series) 83118 NOV 01, 2013

Umapathi, Nithin; Wang, Dewen; O'Keefe, Philip

Statement by Mr. Johann N. Schneider-Ammann, Minister and Head of the Federal Department for Economic Affairs, Education and Research, Switzerland : 88th meeting of the Development Committee (English)

This is a statement by Mr. Johann N. Schneider-Ammann, Minister and Head of the Federal Department for Economic Affairs, Education and Research, Switzerland, On behalf of Azerbaijan, Kazakhstan, Kyrgyz Republic, Poland, Serbia, Switzerland, Tajikistan, Turkmenistan and Uzbekistan, at the eighty-eighth meeting of the Development Committee held on October 12, 2013. ... See More +

Board Report 81909 OCT 12, 2013

Schneider-Ammann, Johann N.

Shared prosperity : links to growth, inequality and inequality of opportunity (English)

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. ... See More +

Policy Research Working Paper WPS6649 OCT 01, 2013

Narayan, Ambar; Saavedra-Chanduvi, Jaime; Tiwari, Sailesh

Subjective wellbeing in Colombia : some insights on vulnerability, job security, and relative incomes (English)

A burgeoning literature explores the extent to which consumption or income inadequately reflect people's subjective wellbeing, just as GDP at times can provide an incomplete and misleading picture of national wellbeing. ... See More +

Policy Research Working Paper WPS6672 OCT 01, 2013

Krauss, Alexander; Graham, Carol

IFC's Development Goals (IDGs) : learning from results, adding value for clients (English)

The International Finance Corporation (IFC) Development Goals (IDGs) are corporate-level development goals which IFC began testing in 2011. They were inspired by the Millennium Development Goals (MDG) as a way to better integrate IFC's results measurement with strategy. ... See More +

Brief 83525 OCT 01, 2013

Middle-income traps : a conceptual and empirical survey (English)

In recent years, the term "middle-income trap" has entered common parlance in the development policy community. The term itself often has not been precisely defined in the incipient literature. ... See More +

Policy Research Working Paper WPS6594 SEP 01, 2013

Im, Fernando Gabriel; Rosenblatt, David

Economic Growth and equality of opportunity (English)

The paper proposes an approach to understand the relationship between inequality and economic growth obtained by shifting the analysis from the space of final achievements to the space of opportunities. ... See More +

Policy Research Working Paper WPS6599 SEP 01, 2013

Peragine, Vito; Palmisano, Flaviana; Brunori, Paolo

The relative income and relative deprivation hypotheses : a review of the empirical literature (English)

The paper provides a review of the empirical literature in economics that has attempted to test the relative income hypothesis as put forward by Duesemberry (1949) and the relative deprivation hypothesis as formalized by Runciman (1966). ... See More +

Policy Research Working Paper WPS6606 SEP 01, 2013

Verme, Paolo

Title Document Date Report No. Document Type Also available in
Statement by Mr. Ignazio Visco at the 89th meeting of the Development Committee held on April 12, 2014 (English)
See More +
APR 12, 2014 86981 Board Report
Social gains in the balance : a fiscal policy challenge for Latin America and the Caribbean (English)
See More +
FEB 01, 2014 85162 Working Paper
Individual diversity and the Gini decomposition (English)
See More +
JAN 01, 2014 WPS6763 Policy Research Working Paper
Inequality in focus vol. 2 (no. 4) (English)
See More +
JAN 01, 2014 84370 Newsletter Spanish, French
Inequality in focus vol. 2 (no. 4) : Pleins feux sur les inégalités (French)
See More +
JAN 01, 2014 84370 Newsletter English, Spanish
Inequality in focus vol. 2 (no. 4) : La desigualdad bajo la lupa (Spanish)
See More +
JAN 01, 2014 84370 Newsletter English, French
Inside inequality in the Arab Republic of Egypt : facts and perceptions across people, time, and space (English)
See More +
JAN 01, 2014 86473 Publication
Global income distribution : from the fall of the Berlin Wall to the great recession (English)
See More +
DEC 01, 2013 WPS6719 Policy Research Working Paper
Performance budgeting in the Republic of Korea (English)
See More +
DEC 01, 2013 83531 Brief
Outcomes, opportunity and development : why unequal opportunities and not outcomes hinder economic development (English)
See More +
DEC 01, 2013 WPS6735 Policy Research Working Paper
Decomposing the recent inequality decline in Latin America (English)
See More +
DEC 01, 2013 WPS6715 Policy Research Working Paper
Eligibility thresholds for minimum living guarantee programs : international practices and implications for China (English)
See More +
NOV 01, 2013 83118 Working Paper (Numbered Series)
Committee on Development Effectiveness (CODE) : minutes of the meeting held on Monday, October 21, 2013 (English)
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OCT 21, 2013 83743 Minutes
Statement by Mr. Johann N. Schneider-Ammann, Minister and Head of the Federal Department for Economic Affairs, Education and Research, Switzerland : 88th meeting of the Development Committee (English)
See More +
OCT 12, 2013 81909 Board Report
Shared prosperity : links to growth, inequality and inequality of opportunity (English)
See More +
OCT 01, 2013 WPS6649 Policy Research Working Paper
Subjective wellbeing in Colombia : some insights on vulnerability, job security, and relative incomes (English)
See More +
OCT 01, 2013 WPS6672 Policy Research Working Paper
IFC's Development Goals (IDGs) : learning from results, adding value for clients (English)
See More +
OCT 01, 2013 83525 Brief
Middle-income traps : a conceptual and empirical survey (English)
See More +
SEP 01, 2013 WPS6594 Policy Research Working Paper
Economic Growth and equality of opportunity (English)
See More +
SEP 01, 2013 WPS6599 Policy Research Working Paper
The relative income and relative deprivation hypotheses : a review of the empirical literature (English)
See More +
SEP 01, 2013 WPS6606 Policy Research Working Paper