Poverty in Thailand - 12606 Words

ERD WORKING PAPER SERIES NO. 8 ECONOMICS AND RESEARCHDEPARTMENT Anil B. Deolalikar April 2002 Asian Development Bank ERD Working Paper No. 8 POVERTY, GROWTH, AND INEQUALITY IN THAILAND Anil B. Deolalikar April 2002 Anil Deolalikar is Professor of Economics and of International Studies at the University of Washington. This paper stems from RETA 5923: Pro-poor Growth and Institutional Constraints to Poverty Reduction in DMCs. The views expressed in the paper are those of the author and do not necessarily reflect the view or policies of the Asian Development Bank. 21 ERD Working Paper No. 8 POVERTY, GROWTH, AND INEQUALITY IN THAILAND Asian Development Bank P.O. Box 789 0980 Manila Philippines ï›™2002 by†¦show more content†¦These differences are likely to introduce significant (systematic) measurement error in the estimation of povertygrowth elasticities. Second, the cross-country studies ignore the fact that the growth-poverty relationship is likely to be highly country-specific; the â€Å"average† elasticity estimated by the various studies is unlikely to capture the wide range of country experiences. In some countries, economic growth has been associated with rapid poverty reduction, while in others it has not. Even in a given country, growth can be sharply poverty-reducing at one point in time and can have a much smaller effect on poverty reduction during another time period. To some extent, these problems can be mitigated by the use of intracountry data—data on regions, provinces, or districts within a country. Since data on different regions within a country typically are derived from the same statistical survey or administrative data collection system, there is much greater comparability of data across observation units. In addition, subnational entities, such as provinces, often share the same political and policy framework, and are socially and culturally more similar to each other than individual countries are to each other. The estimation of an average poverty-growth elasticity for a country, although notShow MoreRelatedPoverty and Inequality in Society683 Words   |  3 Pageswondered what it’s like to live in poverty? No proper food, shelter or even clean water. And have you ever stopped for a moment and thought about how inequality and separation has affected the world? Everyone is born different yet we still treat each other differently because of our race, ethnicity, gender, religion and sexuality. Poverty and Inequality has been one of the world’s major concerns. The rich are getting richer and the poor are getting poorer. Poverty is the inability to afford theRead MoreHuman Rights Conditions in Thailand Essay1095 Words   |  5 Pagesthe process human rights become ignored, forgotten, and abused. 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