Cover -- Contents -- Preface -- Acknowledgments -- Section I Received Wisdom on Poverty, Inequality, and Growth -- Chapter 1 Overview: New Results on Poverty, Inequality, and the Growth in the Era of Globalization -- The Issues -- The Framework and the Data -- A Bird's Eye View -- A More Detailed Overview -- Results on Absolute Poverty -- Results on Propoor Growth -- Has Globalization Worsened Inequality? -- Has Globalization Been Good for Poor People? -- Research and Monopolies -- Chapter 2 The Pattern of Economic Growth 1950-2000 -- Data and Methods of Estimating Growth -- Global Levels of Income and Growth -- Globalization: Divergence -- Evidence of Convergence or Divergence -- Chapter 3 Inequality as We Know It -- Measuring Inequality -- Measuring Intertemporal Inequality -- Simple Inequality Mathematics -- Inequality: Kuznets Curve and Data Requirements -- Recent Evidence on Country Inequality -- The Evidence Once Again -- Tests of Inequality Change -- Elasticity of Connection, 1960-2000 -- Country-Level Inequality -- Toward Individual Inequality Estimates -- Individual Inequality -- Summing Up: The Facts as We Know Them -- Chapter 4 Poverty as We Are Told It Is -- Defining and Measuring Absolute Poverty -- Poverty in the United States -- The World Bank Enters the Poverty Arena -- First Absolute Poverty Line, Estimates, and Forecasts -- The Search for an Absolute Absolute Measure -- Rediscovering the 1-a-Day Poverty Line -- The Poverty Line Reduced -- Evolving World Bank Definitions of Poverty -- Section II Discussion of Knowledge on Poverty, Inequality, and Growth and Analysis of Data and Methodologies -- Chapter 5 Taking Stock of the Facts -- The Global Pie, 1960-2000 -- Inequality Trends -- Poverty Trends -- Not Propoor Growth -- Is the Conventional Wisdom Correct? -- Facts and Figures -- The Importance of Data.

Duck and Smell Tests to Differeniate -- Experts Debate -- Elasticity of the Gini with Growth -- Poverty "Smell" Tests -- The Need for Alternative Studies -- Chapter 6 Recounting Poor People -- Definitions and Methods -- Using Different PPP Exchange Rates -- Differences between World Bank Consumption and Official PPPs -- All Indians Were Dead in 1950, or 1960 -- Chapter 7 Surveys and National Accounts: Can a Choice Be Made? -- What Is the Problem? -- There Is a Problem Even in the United States -- In Defense of Surveys -- What Happened to the Survey/National Accounts Ratio? -- Unintended Consequences of Moving to Survey Means -- Do National Accounts Estimates Have Problems? -- Choosing between Surveys and National Accounts -- By How Much Do Rich People Understate Expenditures? -- Estimating Undercoverage of Rich People -- The SAP 1.50 Poverty Line -- "Smell" Tests for Indian Poverty Estimates -- Should Surveys or National Accounts Be Used? Or Both? -- Chapter 8 Other Methodological Considerations -- The Individual versus Countries -- Simple Accounting Procedure for Generating W3i -- The Kakwani Method of Estimating a Lorenz Curve -- Is SAP Accurate? -- Using SAP to Identify Errors in Published Ginis -- Section III New Results on Poverty, Inequality, and Growth Based on Simple Accounting Procedure Methods -- Chapter 9 Poverty as It Is---and Forecasts for 2015 -- How Much Poverty Is There in the World? -- Where Did Poverty Decline from 1960 to 2000? -- The Evolution of World Poverty, 1820-2000 -- A Digression: How Do You Assess the Best? -- Regional Poverty Trends -- Time to Raise the Poverty Line -- Forecasts for 2000 and 2015 -- Chapter 10 Reinventing the Kuznets Curve: Propoor Growth -- The Search for Propoor Growth -- The Growth-Poverty Connection -- Propoor Elasticity -- Propoor Mathematics -- Empirical Estimates of Propoor Growth.

Estimating Propoor Elasticity -- Has Global Growth Been Propoor? -- Using Consistent Data -- Is the Initial Income Distribution Important? -- A Simple Method for Estimating Propoor Growth -- Forecast of Poverty in 2015 -- Chapter 11 Inequality as It Is -- SAP Results for World Inequality, 1950-2000 -- Regions and Indices -- Individual Inequality Studies Compared -- How Accurate Are the SAP Estimates? -- Poor People Have a High Elasticity of Connection -- The Relationship between Growth and Inequality -- The Middle Class -- Chapter 12 Globalization: A Second Look -- Income: Before and After -- Convergence: New Results -- Catch-up with Globalization -- Is There a Poverty-Terrorism Connection? -- The Evolution of Living Standards, 1960-2000 -- Chapter 13 Conclusion: Roads Not Taken -- Different Forks for Different Folks -- Answers to Often-Asked Questions -- Appendices -- Appendix A The Simple Accounting Procedure Dataset -- Appendix B Estimation of the Lorenz Curve, and Its Accuracy -- How Good Is SAP? -- Errors in Survey Inequality Measures -- Errors in Published Inequality Data -- Appendix C Basic Data for the Simple Accounting Procedure -- References -- Index.