Food Price Crisis, Poverty, and Inequality

Crisis squeezes income and puts pressure on inequality and poverty

The OECD’s report on income inequality, Divided We Stand (2011), documented that the gap between rich and poor in OECD countries had widened continuously over the three decades to 2008, reaching an all-time high. New OECD data show that the global economic crisis has squeezed incomes from work and capital in most countries. Excluding the mitigating effects of the welfare state, via taxes and tr...

Price Indexes, Inequality, and the Measurement of World Poverty

I discuss the measurement of world poverty and inequality, with particular attention to the role of purchasing power parity (PPP) price indexes from the International Comparison Project. Global inequality increased with the latest revision of the ICP, and this reduced the global poverty line relative to the US dollar. The recent large increase of nearly half a billion poor people came from an i...

Ukraine War and Food Crisis

not applicable

Poverty and Gender Inequality

Introduction [Poverty and Inequality]