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Conclusion

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Part of the book series: Economic Studies in Inequality, Social Exclusion and Well-Being ((EIAP,volume 4))

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Notes

  1. 1.

    This is the case since the growing migrant population, as well as the youth, seems to be ambivalent about the need to be politically and socially engaged. In reality, however, it is profoundly important as political and social networks are increasingly required to secure jobs and promote social belongingness.

  2. 2.

    Whether economic growth led by foreign remittances will be sustainable is debatable. But, according to survey estimates, poverty incidence dropped 11 percent from 42 percent in 1995/1996 to 31 percent in 2003/2004 nationally when measured by official poverty lines. Using the international poverty line of one dollar, on the other hand, the country saw a whopping 15 percent decline to 24 percent during the same period.

  3. 3.

    While it has fluctuated from 11 to 15 percent, Current Population Surveys show that the official poverty incidence between 1970 and 2005 was exactly the same-12.6 percent (DeNavas-Walt et al. 2006).

  4. 4.

    After accounting for the cost of living differences, there is strong opposition that the official poverty lines that are operational in the United States are becoming humiliatingly low in the recent years (Brady 2003; Elwood 1999; Glennerster 2002).

  5. 5.

    The marginal income tax rate, one of the indicators of redistributive policy, consistently declined from the highest of 70 percent in the 1970s to the lowest of 28 percent in the late 1980s, remaining around the 30s in the 1990s and onwards (Tax Foundation 2005).

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Wagle, U. (2008). Conclusion. In: Multidimensional Poverty Measurement. Economic Studies in Inequality, Social Exclusion and Well-Being, vol 4. Springer, New York, NY. https://doi.org/10.1007/978-0-387-75875-6_6

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