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10,285 result(s) for "PER CAPITA CONSUMPTION"
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Measuring inequality of opportunities in Latin America and the Caribbean
Equality of opportunity is about leveling the playing field so that circumstances such as gender, ethnicity, place of birth, or family background do not influence a person's life chances. Success in life should depend on people's choices, effort and talents, not to their circumstances at birth. 'Measuring Inequality of Opportunities in Latin America and the Caribbean' introduces new methods for measuring inequality of opportunities and makes an assessment of its evolution in Latin America over a decade. An innovative Human Opportunity Index and other parametric and non-parametric techniques are presented for quantifying inequality based on circumstances exogenous to individual efforts. These methods are applied to gauge inequality of opportunities in access to basic services for children, learning achievement for youth, and income and consumption for adults.
Dynamics of Domestic Water Consumption in the Urban Area of the Kathmandu Valley: Situation Analysis Pre and Post 2015 Gorkha Earthquake
Information regarding domestic water consumption is vital, as the Kathmandu Valley will soon be implementing the Melamchi Water Supply Project; however, updated information on the current situation after the 2015 Gorkha Earthquake (GEQ) is still lacking. We investigated the dynamics of domestic water consumption pre- and post-GEQ. The piped water supply was short, and consumption varied widely across the Kathmandu Upatyaka Khanepani Limited (KUKL) branches and altitude. The reduction in piped, ground, and jar water consumption and the increase in tanker water consumption post-GEQ appeared to be due to the impact of the GEQ. However, the impact did not appear to be prominent on per capita water consumption, although it was reduced from 117 to 99 L post-GEQ. Piped, ground, and tanker water use were associated with an increase and jar water use was associated with a decrease in water consumption. Despite improvements in quantity, inequality in water consumption and inequity in affordability across wealth status was well established. This study suggests to KUKL the areas of priority where improvements to supply are required, and recommends an emphasis on resuming performance. Policy planners should consider the existing inequity in affordability, which is a major issue in the United Nations Sustainable Development Goals.
Targeting the Poor: Evidence from a Field Experiment in Indonesia
This paper reports an experiment in 640 Indonesian villages on three approaches to target the poor: proxy means tests (PMT), where assets are used to predict consumption; community targeting, where villagers rank everyone from richest to poorest; and a hybrid. Defining poverty based on PPP$2 per capita consumption, community targeting and the hybrid perform somewhat worse in identifying the poor than PMT, though not by enough to significantly affect poverty outcomes for a typical program. Elite capture does not explain these results. Instead, communities appear to apply a different concept of poverty. Consistent with this finding, community targeting results in higher satisfaction.
A Global Assessment: Can Renewable Energy Replace Fossil Fuels by 2050?
Our study evaluated the effectiveness of using eight pathways in combination for a complete to transition from fossil fuels to renewable energy by 2050. These pathways included renewable energy development; improving energy efficiency; increasing energy conservation; carbon taxes; more equitable balancing of human wellbeing and per capita energy use; cap and trade systems; carbon capture, utilization, and storage; and nuclear power development. We used the annual ‘British Petroleum statistical review of world energy 2021’ report as our primary database. Globally, fossil fuels, renewable (primarily hydro, wind and solar), nuclear energy accounted for 83%, 12.6%, and 6.3% of the total energy consumption in 2020. To achieve zero fossil fuel use by 2050, we found that renewable energy production will need to be increased by up to 6-fold or 8-fold if energy demand is held constant at, or increased 50% from, the 2020 energy demand level. Constraining 2050 world energy demand to a 25% increase over the 2020 level, improves the probability of achieving independence from fossil fuels. Improvements in energy efficiency need to accelerate beyond the current rate of ~1.5% per year. Aggressive application of energy conservation policies involving land use and taxation could potentially reduce world energy use by 10% or more by 2050. Our meta-analysis shows that the minimum level of per capita energy consumption that would allow 8 billion people to have a ‘Decent Living Standard’ is on average ~70 GJ per capita per year, which is 93% of the 2020 global average. Developed countries in temperate climates with high vehicle-dependency needed ~120 GJ per capita year−1, whereas equatorial countries with low vehicle-dependency needed 30 GJ per capita year−1. Our meta-analyses indicated replacement of fossil fuels with renewable energy by 2050 may be possible but will require aggressive application of all eight pathways, major lifestyle changes in developed countries, and close cooperation among all countries.
The Effect of Energy Consumption Towards Economic Growth: The Case of 11 Asian Countries
This research aims to determine and analyze the effect of Coal Consumption per capita (Kwh), Oil Consumption per capita (Kwh), Gas Consumption per capita (Kwh), and Renewable energy consumption per capita (Kwh) towards GDP per capita (current US$). This research uses GDP Per Capita (current USD) data sourced from world banks with a period from 1994 to 2021 and Data for Coal Consumption per capita (Kwh), Oil Consumption per capita (Kwh), Gas Consumption per capita (Kwh), and Renewable energy consumption per capita (Kwh) from Our Wold within a period from 1994 to 2021. The data used is data from 11 Asian countries, which is Mainland China, The Republic of Korea, Japan, India, Bangladesh, Pakistan, Thailand, Indonesia, Malaysia, Philippines, and Viet Nam. The analysis method used is Panel Data Econometrics, with Ordinary Least Square and Fixed Effect Model. The result from this research shows that Oil Consumption per capita (Kwh), Coal consumption per capita (Kwh), Gas Consumption per capita (Kwh), and Renewable energy consumption per capita (Kwh) have a positive significant effect towards GDP per capita (current USD).
Understanding growth and poverty : theory, policy, and empirics
This volume is an introduction to the theories and policies that affect economic growth and poverty. It is a compilation of lecture notes used in face-to-face and e-learning courses presented by the World Bank Institute's (WBI) Poverty Program during 2004-08. The volume is divided into three parts. Part one discusses basic concepts and measurement issues pertaining to poverty, national income, and economic growth. Part two deals with the macroeconomic policies that are critical for economic growth in the short term. It covers government enforced fiscal and exchange-rate policies and the roles of financial institutions, development assistance (or aid), debt relief, and trade policies. Part three covers the structural and sectoral policies that affect longer-term economic growth and poverty reduction. To underscore the impact of good governance and effective service delivery in growth and poverty reduction, separate chapters are devoted to institutional and technological development, education, health, labor, and land. The volume ends with a chapter that summarizes knowledge of growth theory, reviews the process of growth in 13 successful countries, and draws out implications for other developing countries. The authors hope that this chapter may be of help to policy makers in identifying the constraints to economic growth and development that may be unique to each country.
Migration and poverty : toward better opportunities for the poor
Migration has historically been a source of opportunities for people to improve their lives and those of their families. Today, the large differences in income between places-particularly countries-continue to motivate individuals to escape poverty through migration. The potential advantages of migration for sending countries are numerous. Through remittances, migration provides a means of improving income and smoothing consumption; it enables households to overcome the lack of credit and cushion the risks involved in engaging in more productive activities; and migration can also act as a coping strategy in times of distress. Remittances can be spent on investments, such as housing and schooling, and directly on household consumption. Furthermore, new skills and education may be acquired at the place of destination and transferred back to the place of origin. This volume argues that although migration increases income and often reduces poverty, the migration opportunities of the poor are different-among the poor there are fewer migrants, and they travel to 'cheaper' destinations with lower returns. The main barriers to emigration encountered by the poor are lack of opportunities and high costs. This translates into lower returns and, very likely, less poverty reduction. As a result of this cyclical interconnection, the poverty-reducing potential that migration holds for developing countries is often not maximized.
Can countries bridge the gap in the quality of life? – Inheritance for Ukraine
Considering that most countries exhibit substantial disparities between the rich and the poor, there is a demand for a fresh perspective on the dynamics of a country’s development and its potential for convergence. The article represents an attempt to use a comprehensive econometric framework to analyze long-term trends in people’s consumption levels across different countries of the world over the past 60 years. The obtained results indicate a paradoxical and strategically important trend: until 2008, all countries of the world demonstrated a steady growth of CPC, albeit at different rates. After 2008, there is a significant slowdown or complete absence of CPC growth in all countries. This trend indicates that the existing economic model has exhausted itself, and within its paradigm, it is impossible to stimulate new growth of CPC for the population. While some may view this as “reaching the point of well-being,” it is a point on the brink of an abyss. Regardless of political courses, the world is moving towards a new era and a new redistribution of world forces. This can explain the growth of conflicts, wars and tensions between countries. The results of the study have significant implications for understanding the sustainability and future of the world economy, as well as for the formulation of development policies and strategies at the global level.
Sustainable Use of Energy Resources, Regulatory Quality, and Foreign Direct Investment in Controlling GHGs Emissions among Selected Asian Economies
“United in Science” is the recent slogan of the United Nations climate summit in 2020. A collective effort of institutional governance, energy resources utilization, foreign inclusion, and regional collaboration is required for the Sustainable Development Goal (SDGs) of achieving a clean environment. In reaching this objective, this study investigates the sustainably of Regulatory Quality (RQ), Energy Consumption per capita (ECpc), Foreign Direct Investment (FDI), and their interaction in reducing the Greenhouse Gases (GHGs) Emissions. This study considered 27 Asian economies, covering the more extensively undertaken regional investigation, in the time period from 2001 to 2018. The results of the two-step system Generalized Method of Moments (GMM) show that RQ has a strong positive significant impact on GHGs emissions reduction. It further indicates that FDI inflows support the institutions to enhance their institutional capacities. Simultaneously, ECpc has negative impacts on GHGs emissions. Furthermore, RQ interaction with ECpc and FDI also have a strong significant positive impact on GHGs emissions reduction in Asia. The study concludes that the Asia region has been implementing aggressive and prudent policies towards environmental up-gradation to achieve sustainability. However, FDI inflows should be more allocated to environmental quality and energy efficacy to clean the climate and promote regional collaboration.
ACCESS TO MARKETS AND RURAL POVERTY: EVIDENCE FROM HOUSEHOLD CONSUMPTION IN CHINA
This paper presents evidence on the effects of access to domestic and international markets on per capita consumption of households using data from rural China. The econometric analysis uses alternative identification schemes to address the potential endogeneity of access to markets. We use straight-line distances to coastline and navigable river, along with the topography of the intervening counties, as sources of exogeneous variations. We also use identification through heteroskedasticity, which does not rely on standard exclusion restrictions. The results from alternative identification schemes show that better access to both domestic and international markets has positive effects on per capita consumption, the domestic market effect is significantly larger in magnitude, and there is complementarity between the access to domestic and international markets.