Gasoline, Guns, and Giveaways: Is There New Capacity for Redistribution to End Three Quarters of Global Poverty?

by Chris Hoy and Andy Sumner
Center for Global Development Working Paper 433, August 2016

38 pp. 971 kB
http://www.cgdev.org/sites/default/files/gasoline-guns-and-giveaways-end-three-
quarters-global-poverty-0.pdf
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Amartya Sen’s famous study of famines found that people died not because of a lack of food availability in a country but because some people lacked entitlements to that food. Is a similar situation now the case for global poverty, meaning that national resources are available but not being used to end poverty? This paper argues that approximately three-quarters of global poverty, at least at the lower poverty lines, could now be eliminated – in principle – via redistribution of nationally available resources in terms of cash transfers funded by new taxation and the reallocation of public spending (from fossil fuel subsidies and ‘surplus’ military spending).

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