Poverty and Inequality: The Global Context

Francisco H. G. Ferreira and Martin Ravallion

in The Oxford Handbook of Economic Inequality

Published in print February 2011 | ISBN: 9780199606061
Published online September 2012 | | DOI:

Series: Oxford Handbooks in Economics

Poverty and Inequality: The Global Context

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  • Economics
  • Labour and Demographic Economics
  • Public Economics



This article summarizes the recent evidence on global poverty and inequality, including both developed and developing countries. Section 1 discusses poverty and inequality data and presents evidence on levels and recent trends in poverty and inequality around the world. Section 2 turns to the issues involved in aggregating inequality indices across countries, in order to construct a meaningful measure of global inequality. Section 3 discusses the empirical relationship between economic growth, poverty, and inequality dynamics. Section 4 turns to the likely economic determinants of poverty and inequality changes. Section 5 offers some conclusions, and points to some promising research themes within this general topic.

Keywords: global poverty; inequlaity dynamics; global inequality; developed countries; developing countries; economic growth

Article.  14936 words. 

Subjects: Economics ; Labour and Demographic Economics ; Public Economics

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