Global income distribution and poverty in the absence of agricultural distortions
By: Maurizio Bussolo, Rafael De Hoyos, Denis Medvedev.
Contributors: De Hoyos, Rafael E.; Medvedev, Denis.; World Bank.
Series: Policy research working paper -- 4849; Policy research working papers (Online) -- 4849.
Publisher: World Bank
Published: 2009
Place of publication: [Washington, D.C
Language: eng
Format: Electronic resource
Description: "This paper assesses the potential impacts of the removal of agriculture trade distortions using a newly developed dataset and methodological approach for evaluating the global poverty and inequality effects of policy reforms.  It finds that liberalization of agriculture and food could increase global extreme poverty (US$1 a day) by 0.2 percent and lower moderate poverty (US$2 a day) by 0.3 percent.  Beneath these small aggregate changes, most countries witness a substantial reduction in poverty while South Asia-where half of the world's poor reside-experiences an increase in extreme poverty incidence due to high rates of protection afforded to unskilled-intensive agricultural sectors.  The distributional changes are likely to be mild, but exhibit a strong regional pattern.  Inequality is likely to fall in regions such as Latin America, which are characterized by high initial inequality, and rise in regions like South Asia, characterized by low initial inequality. "--World Bank web site.
Notes: Title from PDF file as viewed on 5/8/2009.

Includes bibliographical references.

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Mode of access: World Wide Web.