Martin Ravallion

Martin Ravallion (19 March 1952 – 24 December 2022) was an Australian economist. He was the inaugural Edmond D. Villani Professor of Economics at Georgetown University,[2] and had previously been director of the research department at the World Bank.[3] He held a PhD in economics from the London School of Economics.[4]

Martin Ravallion
Ravallion in 2016
Chief Economist of the World Bank
Acting
June 2012 – October 2012
PresidentJim Yong Kim
Preceded byJustin Yifu Lin
Succeeded byKaushik Basu
Personal details
Born(1952-03-19)19 March 1952[1]
Died24 December 2022(2022-12-24) (aged 70)
Education
Academic career
InstitutionsGeorgetown University
FieldDevelopment economics
Information at IDEAS / RePEc

Life and career

Ravallion researched extensively on poverty in developing countries and on policies for fighting poverty. In 1990 he proposed what has come to be known as the "$1 a day" poverty line,[5] and since then he and his colleagues at the World Bank monitored progress against global poverty by this and other measures.[6] A paper he wrote in 2012 became the basis of the World Bank, and subsequently United Nations, development goal of eliminating extreme poverty in the world by 2030.[7] He advised numerous governments and international agencies, and wrote five books and 250 papers in scholarly journals, as well as editing several volumes. His book The Economics of Poverty: History, Measurement, and Policy was published by Oxford University Press in January 2016.

Based on publications and citations, Ravallion is regularly ranked in the top 10 development economists in the world and was ranked number 1 globally in the field of Development Economics by RePEc/IDEAS.[8] He is ranked in the top 100 economists in all fields.[9] He was a research associate of the National Bureau of Economic Research, a senior fellow of the Bureau for Research in Economic Analysis of Development, a non-resident fellow of the Center for Global Development, and ex-president of the society for the Study of Economic Inequality. In 2011 he received the John Kenneth Galbraith Award from the American Agricultural and Applied Economics Association. He won the 2015 BBVA Foundation Frontiers of Knowledge Award in Development Cooperation for his groundbreaking work on defining the extreme poverty threshold with internationally applicable standards that facilitate the establishment of specific development cooperation goals. In 2018 he was awarded an honorary doctorate in economics from the University of Fribourg, Switzerland.

Ravallion died on 24 December 2022, at the age of 70.[10][11]

Selected bibliography

Books
  • Ravallion, Martin (1987). Markets and Famines. Oxford, England: Oxford University Press. ISBN 0198287275.
  • Ravallion, Martin (1994). Poverty Comparisons. Chur, Switzerland Langhorne, Pennsylvania: Harwood Academic Publishers. ISBN 9783718654024.
  • Ravallion, Martin; van de Walle, Dominique (2008). Land in transition: Reform and poverty in rural Vietnam. Washington D.C.: World Bank. ISBN 9780821372746.
  • Ravallion, Martin; van de Walle, Dominique; Murgai, Rinku; Dutta, Puja (2014). Right to Work? Assessing India's Employment Guarantee Scheme in Bihar. Washington D.C.: World Bank. ISBN 9781464801303.
  • Ravallion, Martin (2016). Economics of poverty: History, measurement and policy. New York: Oxford University Press. ISBN 9780190212766.

Chapters in books
  • Ravallion, Martin (2008), "Evaluating Antipoverty Policies.", in Schultz, Paul; Strauss, John (eds.), Handbook of Development Economics Volume 4, North-Holland
  • Ravallion, Martin (2009), "On the welfarist rationale for relative poverty lines", in Kanbur, Ravi; Basu, Kaushik (eds.), Arguments for a better world: essays in honor of Amartya Sen | Volume I: Ethics, welfare, and measurement, Oxford New York: Oxford University Press, pp. 375–396, ISBN 9780199239115
  • Ravallion, Martin (2010), "Poverty and Inequality: The Global Context.", in Salverda, Wiemer; Nolan, Brian; Smeeding, Timothy (eds.), Oxford Handbook of the Economics of Inequality, Oxford University Press
  • Ravallion, Martin (2013), "Poverty Lines across the World.", in Jefferson, Philip N. (ed.), Oxford Handbook of the Economics of Poverty, Oxford University Press
  • Ravallion, Martin (2014), "Poor or Just Feeling Poor? On Using Subjective Data in Measuring Poverty.", in Clark, Andrew; Senik, Claudia (eds.), Happiness and Economic Growth, Oxford University Press
  • Ravallion, Martin (2017), "Poverty is Good for Development", in Frey, Bruno; Iselin, David (eds.), Economic Ideas you should Forget, Springer

References
  1. "Ravallion, Martin". Library of Congress. Retrieved 3 October 2014. (Martin Ravallion) data sheet (b. 3-19-52)
  2. blogs.worldbank.orh: Martin Ravallion
  3. "Shs35 billion Gates fund for agriculture". Daily Monitor. 3 December 2009. Retrieved 8 December 2009.
  4. Vox:Martin Ravallion
  5. Devichand, Mukul (2 December 2007). "When a dollar a day means 25 cents". BBC News. Retrieved 8 December 2009.
  6. Das, Gurcharan (14 November 2009). "At last, good news about poverty". The Times of India. Retrieved 8 December 2009.
  7. Ravallion, Martin (2012). "How long will it take to lift one billion people out of poverty?".
  8. Zimmermann, Christian. "Top 10% Institutions and Economists in the Field of Development, as of November 2016". ideas.repec.org. Retrieved 20 December 2016.
  9. Zimmermann, Christian. "Top 10% Authors, as of November 2016". ideas.repec.org. Retrieved 20 December 2016.
  10. "So sad to hear of the tragic loss of ⁦ @MartinRavallion ⁩ — pioneering poverty researcher, one of the most influential economists of the ⁦ @WorldBank ⁩, and a respected ⁦ @Georgetown ⁩ professor. His contribution to our understanding of development was truly enormous". Joel S. Hellman on Twitter. Retrieved 29 December 2022.
  11. Alonso, Iván (30 December 2022). "Martin Ravallion, economista de la pobreza". El Comercio. Retrieved 30 December 2022.


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