Urbanization, Poverty, Growth and Inequality

Paper Summary:

This paper examines the effects of urbanization on various factors affecting development, poverty and income inequality, based on empirical data obtained from various sources. The following factors are analyzed across various countries, based on the latest data available: Economic growth measured in terms of GDP per Capita in US$ (PPP), absolute poverty at $1 per day standard, poverty gap, Gini Index, openness of trade, percentage of population living in urban areas, annual percentage migration of population to urban areas, the Corruption Perception Index ,etc. These factors are analyzed to arrive at correlations they have with urbanization in order to determine to some extent whether urbanization is inevitable for development of a country and what are the consequences associated with the phenomenon.

Paper Outline:
Urbanization and other factors affecting Economic Growth
Factors affecting Urbanization
Determinants of Poverty Deepening (Poverty Gap)
Factors Affecting Absolute Poverty
Factors Affecting Gini Index
Determinants of Human Development Index
Concluding Remarks
References and Bibliography

From the Paper:

"However, contrary to above, it can be seen that absolute poverty alone is not the cause for urbanization. In other words, where even in urban areas people do not find enough jobs, they would like to stay in rural areas. The negative correlation between absolute poverty (measured in terms of earning per capita less than $1 per day), and the percentage of urban population means that as poverty increases, urbanization decreases. However, this may not be the trend the world over. If we have a glance at the countries considered in this analysis, it can be seen that they are least developed countries."

More papers on Urbanization, Poverty, Growth and Inequality:

• Analytical Essay # 133174 : "The Rise of Inequality in China"
• Essay # 84207 : "Poverty, Drugs and Racial Profiling"
• Essay # 14972 : "Low-Income Families In Cairo, Egypt"

APA Citation:

MLA Citation: