"Shared prosperity" has become a common phrase in the development policy discourse. This short paper provides its most widely used operational definition -- the growth rate in the average income of the poorest 40 percent of a country's population -- and describes its origins. The paper discusses how this notion relates to well-established concepts and social indicators, including social welfare, poverty, inequality, and mobility, and reviews some...
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INFORMATION
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2018/05/22
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Document de travail de recherche sur les politiques
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WPS8451
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1
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1
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2018/05/22
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Disclosed
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Shared prosperity : concepts, data, and some policy examples
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development policy