Global megatrends and the quest for poverty eradication

Patrick N. Osakwe and Olga Solleder

No #7, UNCTAD Working Papers from United Nations Conference on Trade and Development

Abstract: Global megatrends such as income inequality, climate change, demographic shifts, technological progress, and urbanisation are shaping the future of societies, yet their quantitative impacts on development are neither well understood nor established. This paper examines the individual and combined effects of these global forces on poverty using both cross-section and panel estimation techniques on a global dataset covering the period from 1995 to 2019. It finds that inequality, urbanization, and technology are the megatrends with a robust impact on poverty in both the long and medium term, while demographic shifts and climate change have some impact depending on the samples and specifications considered. The paper also finds that technology, urbanization, and demographic shifts affect poverty through their interactions with income inequality.

Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
https://unctad.org/system/files/official-document/wp-2024d2-no7_en.pdf?repec (application/pdf)
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:unc:wpaper:7

Access Statistics for this paper

More papers in UNCTAD Working Papers from United Nations Conference on Trade and Development
Bibliographic data for series maintained by UNCTAD Web Unit ().