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This book contributes to the empirical literature on economic and human development from five different perspectives: the first chapter provides a new statistical test for bimodality of densities with an application to income data. The second chapter analyzes the worlds cross-country distribution of income and challenges the so called Twin Peaks-claim. The third chapter focuses on the world income distribution and resulting implications for poverty reduction, pro-poor growth and the evolution of global inequality. The fourth chapter estimates the welfare effects of recently negotiated Economic Partnership Agreements between the EU and African countries. Finally, the fifth chapter investigates whether democracy leads to higher levels of health and education.

Contribution --- Cross-Country Income Distribution --- Demogracy and Human Development --- Development --- Economic --- Economic Partnership Agreements --- Empirics --- Empiricsi --- Human --- Likelihood-Ratio-Test for Bimodality --- Vollmer --- World Income Distribution

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Economists have had much to say about the impact of economic policies on growth, but little on their distributional consequences and poverty impact. The reorientation of development policy from structural adjustment to poverty reduction as the central objective thus called for new tools to examine distributional change. This book analyzes the poverty and distributional impact of policy changes and external shocks in three case studies from Latin America: Trade liberalization in Colombia and Brazil, and the gas boom in Bolivia. It uses an innovative approach that combines computable general equilibrium and microsimulation models. The country applications illustrate that distributional consequences depend very much on the nature of the shock or policy change as well as the characteristics of the country in question. The book issues a warning against policy prescriptions being based on oversimplifying assumptions and models.

America --- Approaches --- Armut --- Case --- Combining --- Distributional --- Economic --- External --- from --- Impact --- Income distribution --- Inzidenz (Wirtschaft) --- Kolumbien --- Latin --- Macro --- Macro-micro model --- Micro --- Microsimulation --- Policies --- Poverty --- Resource boom --- Shocks --- Studies --- Three --- Trade policy