This research review offers an insight to some of the most important questions economists and policymakers have been grappling over. A substantial amount of research has been carried out using cross-country regression models, resulting in a better and improved understanding of the linkage between economic growth and poverty reduction. The literature on cross-country regressions, however, has led to conflicting conclusions. Reconciling diverging messages makes it difficult to accurately inform policy-making. Based on a selection of influential papers, this volume provides a critical review of the literature. Scholars who envision a world free of extreme poverty will find this analysis particularly valuable.

Issues of economic inequality and poverty have become increasingly central to public debate over the past fifty years. The literature on measuring economic inequality and poverty has vastly expanded, developing many new methods but also generating many controversies. Economic Inequality and Poverty provides a systematic treatment of the development of inequality and poverty, focusing on how income inequality and poverty measurements have evolved in recent decades and identifying approaches to resolving some of the methodological and factual conflicts. The books primary aim is to analyse the relationships between individuals and households distributions of economic variables. These relationships are crucial in understanding many economic phenomena. Kakwani and Son employ household surveys to illustrate the application of their framework, demonstrating its importance in drawing evidence-based policy conclusions.