Although all economics are local, the effects of global economic events have begun to assume almost tsunami proportions in many cases. An earthquake in Country A causes a price spike in Country B. A deficit in C causes the inflation rate in D to skyrocket. This book is dedicated to presenting some important research in global economics while at the same time defining and identifying the economic events which trigger other economies to react in a significant manner.

Inclusive growth needs to be achieved to reduce poverty and other disparities and raise economic growth. This book develops a poverty profile for India in view of the ongoing national and global efforts toward ensuring inclusive growth and bringing poverty levels down. This poverty profile will enable academics and policy makers to reassess and improve on the existing methodologies in estimating poverty rates, evaluate the effectiveness of existing poverty programs, and suggest alternative and complementary options for strategic intervention based on the lessons drawn from program implementation both at the state and national levels.

Papers presented at a seminar, held in 1996, organized by North East India Council for Social Science Research, Shillong.

The book examines India s experience with poverty reduction in a period of rapid economic growth. Marshalling evidence from multiple sources of survey data and drawing on new methods, the book asks how India s structural transformation - from rural to urban, and from agriculture to nonfarm sectors - is impacting poverty. Our analysis suggests that since the early 1990s, urban growth has emerged as a much more important driver of poverty reduction than in the past. We focus in particular on the role of small and medium size conurbations in India, both as the urban sub-sector in which urban poverty is overwhelmingly concentrated, and as a sub-sector that could potentially stimulate rural-based poverty reduction. Second, in rural areas, we focus on the nature of intersectoral transformation out of agriculture into the nonfarm economy. Stagnation in agriculture has been accompanied by dynamism in the nonfarm sector, but there is much debate about whether the growth seen has been a symptom of agrarian distress or a source of poverty reduction. Finally, alongside the accelerating economic growth and the highly visible transformation that is occurring in India s major cities, inequality is on the rise. This is raising concern that economic growth in India has by-passed significant segments of the population. The third theme on social exclusion asks if, despite the dramatic growth, historically grounded inequalities along lines of caste, tribe and gender have persisted. This book would be of interest for policymakers, researchers, non-governmental organizations, and international agencies from India and abroad--who wish to know more about India s experience of the last two decades in reducing poverty.

Living Standards Measurement Survey Working Paper No. 130R (Russian edition). This document presents a set of Living Standards Measurement Study (LSMS) questionnaires that have been developed for use in the Russian-speaking countries of the former Soviet Union. The questionnaires are available in English and Russian, as well as in an electronic format. The document describes in detail how to modify the questionnaires for use in any specific country. The author guides the questionnaire writer through the modification process, illustrating the important aspects of LSMS surveys, the translation and field-testing procedures, and a section-by-section description of the types of modification that are likely to be required to suit particular goals and circumstances. Also available in English : (ISBN 0-8213-3934-6) / Stock No. 13934

The 2015 Millennium Development Goal to cut in half the share of the world’s population living in extreme poverty was met with time to spare. By 2013, the percentage of developing-country populations living in extreme poverty decreased from 43 percent in 1990 to 21 percent by 2010. Clearly, there is still a long way to go, with 1.2 billion people without enough to eat. What can we learn from the recent success? This volume presents recent methods to decompose the contributions to poverty reduction. What was the main contributor to poverty reduction? Using a simple accounting approach, we find that labor income growth was the largest contributor to moderate poverty reduction for a group of 21 countries with substantial reductions in poverty over the past decade. Moreover, in most cases, it was the growth in income per worker that contributed the most to poverty reduction, rather than an increase in employment. Changes in demographics, public transfers and remittances helped, but made relatively smaller contributions to poverty reduction. Public transfers were important in reducing extreme poverty, pointing to the crucial role of social protection systems. How was labor income growth able to reduce poverty? After a review of the literature, a structural decomposition method is presented and implemented in three countries. The results show that that labor income grew mainly because of higher returns to human capital endowments. This could signal increases in productivity, a higher relative price of labor, or both. In Bangladesh and Peru, this was driven by higher returns to workers with low levels of education, which may have partly been driven by higher food prices. In contrast, in Thailand, poverty fell partly due to increasing returns to education.

Vols. include Proceedings of the conference of the Indian Society of Agricultural Economics.