Growth and inequality trade-offs to eradicate absolute poverty

19159 7 103410 2 315405 document 103410 1-s2.0-S2405844023086498-main.pdf application/pdf ed9f445614f7819a33c00f8953ab57ac MD5 3002173 2023-11-03 08:06:33 https://pure.iiasa.ac.at/id/eprint/19159/1/1-s2.0-S2405844023086498-main.pdf 19159 1 1 application/pdf text en public cc_by_4

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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/103410 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/103410 http://eprints.org/relation/issmallThumbnailVersionOf https://pure.iiasa.ac.at/id/document/103410 archive 353 disk0/00/01/91/59 2023-11-03 08:07:43 2024-04-15 14:23:48 2023-11-03 08:07:43 article show Min J. 2098 0000-0002-0020-1174 Rao N. 1961 0000-0003-1888-5292 Growth and inequality trade-offs to eradicate absolute poverty pub ECE S3 TISS he relationship between growth, inequality and poverty remains elusive, despite considerable scholarship. To what extent can governments rely on growth to eradicate poverty without reducing inequality? We derive a closed-form relationship between a minimum income threshold, changes in the Gini index of income inequality and average national income required to meet this target, independent of the form of income distribution. We develop a generalized form of redistribution and validate it against historical changes in inequality. We use this formulation to illustrate feasible growth-redistribution strategies to raise entire populations above the International Poverty Line ($1.90/day) by 2030, the Sustainable Development Goal 1, in two selective countries: India and Rwanda. We show that meeting this target would require unprecedented rates of both growth and inequality reduction in Rwanda. India could not eradicate acute poverty by 2030 with growth alone, but it could with only a modest reduction in inequality. 2023-11 published Cell Press doi:10.1016/j.heliyon.2023.e21441 208 243 public Heliyon 9 11 e21441 TRUE 2405-8440 Just Transitions to Net-Zero Carbon Emissions for All (JustTrans4ALL) no info:eu-repo/semantics/article