Perspectives on Growth and Poverty

Overview

The relationship between growth and poverty lies at the heart of development economics. While many see aggregate growth as both necessary and sufficient for reducing poverty, and consequently focus their efforts on achieving the desired macroeconomic outcomes, others stress that the benefits from growth may not be evenly spread. Critics of globalization often point out that growth of the macroeconomy may have an adverse effect on the most vulnerable members of society. Thus the distributional impact of growth ...

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Overview

The relationship between growth and poverty lies at the heart of development economics. While many see aggregate growth as both necessary and sufficient for reducing poverty, and consequently focus their efforts on achieving the desired macroeconomic outcomes, others stress that the benefits from growth may not be evenly spread. Critics of globalization often point out that growth of the macroeconomy may have an adverse effect on the most vulnerable members of society. Thus the distributional impact of growth needs to be taken into account when considering the consequences for poverty.

The essays in this book deal with institutional and policy questions concerning growth and poverty, as well as sectoral issues, and individual country experiences.

The contributors conclude that initial conditions, institutions, specific country structures, and time horizons all play significant roles. The country- and context-specific nature of these factors point to the need for creative national solutions to the problem of poverty. This in turn requires an informed policy debate within countries: one which may lead to a consensus between different interest groups —or at least help to clarify the basis of opposing views.

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Product Details

  • ISBN-13: 9789280810912
  • Publisher: United Nations University Press
  • Publication date: 11/20/2003
  • Pages: 302
  • Lexile: 1490L (what's this?)
  • Product dimensions: 6.32 (w) x 9.30 (h) x 0.70 (d)

Meet the Author

Rolph van der Hoeven is manager of the Technical Secretariat of the World Commission on Globalization. Anthony Shorrocks is director of the UNU World Institute for Development Economics Research (UNU/WIDER).

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Table of Contents

Acknowledgments
List of contributors
List of figures
List of tables
List of abbreviations
Preface
1 Collective values, behavioural norms and rules: Building institutions for economic growth and poverty reduction 1
2 Institutional capital and poverty: A transition perspective 41
3 Why is so little spent on educating the poor? 93
4 The fragility of empirical links between inequality, trade liberalization, growth and poverty 113
5 Convergence clubs in cross-country life expectancy dynamics 144
6 Reaching the poor: Fine-tuning poverty targeting using a poverty map of Mozambique 172
7 Poverty, growth and redistribution: A case-study of Iran 193
8 How economic growth reduces poverty: A general equilibrium analysis for Indonesia 217
9 Poverty, inequality and growth in Zambia during the 1990s 235
10 Gender and education as determinants of household poverty in Nigeria 268
Index 296
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