Vinod Ahuja - Everyones miracle?: revisiting poverty and inequality in East Asia
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Everyone's Miracle? : Revisiting Poverty and Inequality in East Asia Directions in Development (Washington, D.C.)
author
:
Ahuja, Vinod.
publisher
:
World Bank
isbn10 | asin
:
0821339796
print isbn13
:
9780821339794
ebook isbn13
:
9780585181363
language
:
English
subject
Poverty--East Asia, Income distribution--East Asia, Equality--East Asia, East Asia--Economic policy, Poverty--Thailand--Case studies.
publication date
:
1997
lcc
:
HC460.5.Z9P616 1997eb
ddc
:
338.95
subject
:
Poverty--East Asia, Income distribution--East Asia, Equality--East Asia, East Asia--Economic policy, Poverty--Thailand--Case studies.
Page i
Everyone's Miracle?
Revisiting Poverty and Inequality in East Asia
DIRECTIONS IN DEVELOPMENT
Vinod Ahuja Benu Bidani Francisco Ferreira Michael Walton
The World Bank Washington, D.C.
Page ii
1997 The International Bank for Reconstruction and Development/ THE WORLD BANK 1818 H Street, N.W. Washington, D.C. 20433 All rights reserved Manufactured in the United States of America First printing August 1997
The findings, interpretations, and conclusions expressed in this study are entirely those of the authors and should not be attributed in any manner to the World Bank, to its affiliated organizations, or to members of its Board of Executive Directors or the countries they represent.
Cover photographs by Curt Carnemark, The World Bank.
Vinod Ahuja, Benu Bidani, and Francisco Ferreira are economists in the Poverty Reduction and Economic Management Unit of the East Asia and the Pacific Region at the World Bank. Michael Walton, who was chief economist for the East Asia and the Pacific Region until June 1997, is now the director of poverty reduction in the Poverty Reduction and Economic Management Network at the World Bank.
Library of Congress Cataloging-in-Publication Data
Everyone's miracle? : Revisiting poverty and inequality in East Asia / Vinod Ahuja...[et. al.] p. cm. (Directions in development) Includes bibliographical references (p. 101). ISBN 0-8213-3979-6 1. PovertyEast Asia 2. Income distributionEast Asia. 3. EqualityEast Asia 4. East AsiaEconomic policy. 5. PovertyThailandCase studies. I. Ahuja, Vinod. II. Series: Directions in development (Washington, D.C.) HC460.5.Z9P616 1997 338.95dc21 97-26454 CIP
Page iii
Contents
Foreword
iv
Acknowledgments
vi
Introduction
1
1 Economic Growth in East Asia, 1965-95
3
2 Poverty in East Asia, 1975-95
6
Levels and Trends
6
Profile of Poverty in East Asia
14
3 Inequality in East Asia: Recent Trends
25
4 A Case Study of Thailand, 1975-92
32
Changes in the Poverty Profile
33
Changes in Inequality and Its Determinants
37
5 Economic Policies, Poverty Reduction, and Equity
45
Current Policy Paradigm
45
Policy and the New Issues in Poverty and Inequality
54
6 Conclusions
57
Appendix A Data and Methodology
61
Appendix B Poverty Profile Tables and Figures
69
Appendix C Poverty Profile for Thailand, 1975-92
90
Appendix D Growth Elasticities of Poverty in Selected East Asian Countries
96
Notes
97
References
101
Page iv
Foreword
Poverty reduction is development's most important task. Forty years ago most East Asians lived in deep poverty, with desperately low incomes, short life expectancies, low access to schooling, and high vulnerability to adverse shocks. Remarkable growth since then has had an extraordinary effect on reducing poverty in the region. Poverty has fallen because growth has been highly inclusive, with vast expansion in social services and enormous increases in the productivity of and employment opportunities for the poor. Thus many observersincluding the World Bank in its 1993
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