Relative poverty and inequality are emerging as new concerns in the developing world. In recent years the economic growth that has generally reduced the incidence of absolute poverty in the world has also come with social effects on welfare, notably concerns about relative deprivation and social inclusion. This lecture examines how different regions have been performing in terms of both absolute and relative poverty and identifies the factors that underlie the differences.
UTS Business School is proud to host the only public lecture in Sydney by Martin Ravallion, Acting Chief Economist and Senior Vice President, World Bank, as he shares some of the findings of the World Bank’s recent research into global poverty among the world’s most economically disadvantaged citizens.
ABOUT THE SPEAKER:
Born and raised in Sydney, Martin Ravallion is Acting Chief Economist and Director of the Development Research Group of the World Bank. He has held various positions in the Bank, since he joined as an Economist in 1988. He holds a Ph.D. in economics from the London School of Economics, and has taught economics at L.S.E., Oxford University, the Australian National University, and Princeton University. His main research interests over the last 25 years have concerned poverty and policies for fighting it. He has advised numerous governments and international agencies on this topic, and he has written extensively on this and other subjects in economics, including three books and over 180 papers in scholarly journals and edited volumes. He is consistently ranked among the
top 100 economists internationally. He currently serves on the Editorial Boards of ten economics journals, is a Senior Fellow of the Bureau for Research in Economic Analysis of Development and a Founding Council Member of the Society for the Study of Economic Inequality.