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Eradicating Poverty by the Year 2030: Implications for Income Inequality, Population Policies, Food Prices (and Faster Growth?)

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  • Cornia Giovanni Andrea

    (University of Florence, Firenze, Italy)

Abstract

The paper examines whether the planned eradication of poverty to the year 2030 part of the Sustainable Development Goals strategy is compatible with the trends expected over the next 15 years in key economic variables such as GDP growth, population growth, income inequality and food prices. To do so, the paper develops a comparative-static, poverty-accounting model that allows to simulate to 2030 the impact on SDG1 (poverty eradication) of favorable future improvements equal to best results recorded for such variables during the last 30 years. Numerous model simulations show that – even under the most favorable assumptions – between 14 and 16 countries (mainly from Africa) out of the 78 analyzed will not reach the SDG1 target. Policy suggestions on how to improve on such results are presented at the end of the paper.

Suggested Citation

  • Cornia Giovanni Andrea, 2018. "Eradicating Poverty by the Year 2030: Implications for Income Inequality, Population Policies, Food Prices (and Faster Growth?)," Journal of Globalization and Development, De Gruyter, vol. 9(2), pages 1-21, December.
    • Handle: RePEc:bpj:globdv:v:9:y:2018:i:2:p:21:n:3
    DOI: 10.1515/jgd-2018-0023
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    References listed on IDEAS

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    More about this item

    Keywords

    food prices; GDP growth; inequality; population growth; poverty eradication; public policies; SDG1;
    All these keywords.

    JEL classification:

    • D31 - Microeconomics - - Distribution - - - Personal Income and Wealth Distribution
    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
    • J11 - Labor and Demographic Economics - - Demographic Economics - - - Demographic Trends, Macroeconomic Effects, and Forecasts
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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