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When is Growth Pro-poor?

2004-03 Business & Economics
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Release : 2004-03
Genre : Business & Economics
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Book Synopsis When is Growth Pro-poor? by : Aart Kraay

Download or read book When is Growth Pro-poor? written by Aart Kraay. This book was released on 2004-03. Available in PDF, EPUB and Kindle. Book excerpt: Growth is pro-poor if the poverty measure of interest falls. This implies three potential sources of pro-poor growth: (a) a high rate of growth of average incomes; (b) a high sensitivity of poverty to growth in average incomes; and (c) a poverty-reducing pattern of growth in relative incomes. I empirically decompose changes in poverty in a large sample of developing countries into these components. In the medium run, most of the variation in changes in poverty is due to growth, suggesting that policies and institutions that promote broad-based growth should be central to pro-poor growth. Most of the remainder is due to poverty-reducing patterns of growth in relative incomes, rather than differences in the sensitivity of poverty to growth in average incomes. Cross-country evidence provides little guidance on policies and institutions that promote these other sources of pro-poor growth.

Growth, Inequality, and Poverty

2004-03-04 Business & Economics
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Release : 2004-03-04
Genre : Business & Economics
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Book Rating : 335/5 ( reviews)

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Book Synopsis Growth, Inequality, and Poverty by : Anthony Shorrocks

Download or read book Growth, Inequality, and Poverty written by Anthony Shorrocks. This book was released on 2004-03-04. Available in PDF, EPUB and Kindle. Book excerpt: The relationship between growth, inequality, and poverty lies at the heart of development economics. This volume draws together many of the most important recent contributions to the controversies surrounding this topic. Some of the chapters help explain why there is profound disagreement on crucial issues of growth, poverty and inequality within academic circles, and among organizations and various groups active in the development field. Another central theme is the cross-country evidence on the relationship between growth and poverty, and the extent to which it is valid to draw policy conclusions from this empirical evidence. The volume also shows how new microeconomic techniques such as poverty maps and microsimulation models can be used to improve poverty analysis and the design of pro-poor policies. The overall conclusion points to the need for diverse strategies towards growth and poverty, rather than simple blanket policy rules. Initial conditions, specific country structures, and time horizons all play a significant role. Initial conditions affect the speed with which growth reduces poverty and can also determine whether policies such as trade liberalization have a pro-poor or an anti-poor outcome. Improved education is valuable in itself, and also contributes to poverty reduction; but its effect on inequality depends on supply and demand factors, which differ significantly across countries. Likewise, the quantitative impact on poverty of redistribution from the rich to the poor vis-à-vis an increase in total national income can vary greatly across countries. Hence the need for creative approaches to poverty which take full account of the specific circumstances of individual nations and which assign a central role to inequality analysis in the discussion of poverty-alleviation policies.

The DAC Guidelines

2001 Business & Economics
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Release : 2001
Genre : Business & Economics
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Book Synopsis The DAC Guidelines by : Organisation for Economic Co-operation and Development

Download or read book The DAC Guidelines written by Organisation for Economic Co-operation and Development. This book was released on 2001. Available in PDF, EPUB and Kindle. Book excerpt: Developing countries want to join in the globalisation process. However, the increasing complexity of global markets, the new challenges of the multilateral trading system and the competing demands of regional, bilateral and multilateral trade agreemen

Delivering on the Promise of Pro-poor Growth

2007 Business & Economics
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Release : 2007
Genre : Business & Economics
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Book Rating : 169/5 ( reviews)

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Book Synopsis Delivering on the Promise of Pro-poor Growth by : Timothy Besley

Download or read book Delivering on the Promise of Pro-poor Growth written by Timothy Besley. This book was released on 2007. Available in PDF, EPUB and Kindle. Book excerpt: Economic growth is the most important determinant of poverty reduction. But countries with similar rates of growth can experience different poverty reduction rates.

Pro-poor Growth: Policy and Evidence

2006-12-11 Business & Economics
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Release : 2006-12-11
Genre : Business & Economics
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Book Rating : 61X/5 ( reviews)

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Book Synopsis Pro-poor Growth: Policy and Evidence by : Lukas Menkhoff

Download or read book Pro-poor Growth: Policy and Evidence written by Lukas Menkhoff. This book was released on 2006-12-11. Available in PDF, EPUB and Kindle. Book excerpt: The embarrassing living conditions of more than one billion poor people in developing countries in combination with the increasing gap of living standards between the poor and the rich, has provided a strong motivation for development policy to change this situation. From its beginning, policy has aimed for stimulating economic growth in order to improve living conditions for everyone. The endurance of poverty, however, has motivated to extend the traditional »growth is good for the poor« by a more targeted policy that combines growth with a particular emphasis on improving the situation of the poor. This is exactly the objective of »pro-poor growth«, a term that became popular during the late 1990s and which seemed to dominate the stage with the propagation of the Millennium Development Goals, including its goal to halve poverty by 2015. This volume contains six papers that address various core issues of pro-poor growth policies. These papers were presented at the annual meeting of the Research Committee Development Economics (Ausschuss Entwicklungsländer des Vereins für Socialpolitik) in 2005. Papers were lively discussed at the meeting and later on improved by comments from anonymous referees. All authors have done extensive research in the field of pro-poor growth, including field studies. Accordingly, their contributions - reflecting this knowledge and proficiency - pick up recent developments in the field. The discussion of most appropriate pro-poor growth policies is an ongoing process which has been documented by a growing literature. The value added of the present volume is obviously not to be more comprehensive than others but rather to continue the line of work by bringing some recent research findings - with a focus on policy relevance and empirical substantiation - to a broader audience.

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