| What is the relationship between poverty and inequality—not only locally, but when countries find themselves competing on a global market? In this final session of the Global Issues Seminar Series, sponsored by the World Bank’s External Affairs department, students gathered from around the world by videoconference to learn about this issue. Asli Gurkan, a consultant for the Bank, chaired the lecture session.
Punam Chuhan-Pole, Lead Economist for Development Economics at the World Bank, gave an overview of key issues in poverty and inequality. She noted the non-income dimensions of poverty, linking those to inequality as global issues, particularly in Asia and sub-Saharan Africa. Remote sites asked Chuhan-Pole questions about the relationship between capability and income, the World Bank’s efforts on capability, and the trickle-down theory of growth.
Continuing her presentation, she described poverty as torn between the forces of fairness and globalization. In the case of the latter, she discussed the debate surrounding globalization and poverty, specifically the problem of openness to trade. Chuhan-Pole also explained how higher inequality requires much higher growth in order to reduce poverty, and she detailed the actions being taken by the international community. The connected sites inquired about data quality, GNP conditions for aid, and the performance of policies and institutions.
|
Home
> Learning
& Knowledge > BSPAN
> Presentation
High Speed
Low Speed
