REUTERS/Stringer-A woman sorts garbage near a residential compound in Jiaxing, Zhejiang province February 6, 2013. China's broad plan to address income inequality promises to extract higher dividends from profitable state-owned enterprises (SOEs) to finance a more generous social safety net. But the increased payouts may do little to channel wealth towards boosting social security.
Growth and Income of the Poor
October 25, 2013,
A common concern these days is that the people in the bottom part of the income distribution are being left behind, but data in a new paper co-authored by David Dollar show that there is no global trend in that direction. Dollar argues in favor of interventions that build up the assets of the poor and enable them to participate in the market economy.