Growth, Inequality, and Poverty

Prospects for Pro-poor Economic Development

AvRolph Hoeven,Anthony Shorrocks

Inbunden, Engelska, 2004

Del i serien WIDER Studies in Development Economics

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Beskrivning

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.

Produktinformation

Utgivningsdatum:2004-03-04
Mått:164 x 242 x 22 mm
Vikt:604 g
Format:Inbunden
Språk:Engelska
Serie:WIDER Studies in Development Economics
Antal sidor:300
Förlag:OUP OXFORD
ISBN:9780199268658

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Mer om författaren

Anthony Shorrocks is Director of WIDER, having previously held positions at the London School of Economics and the University of Essex. He has published extensively on topics related to income and wealth distribution, inequality, and poverty, and has been recently working on various issues concerned with the social problems facing Russia in the post reform era.Rolph van der Hoeven is Manager of the Technical Secretariat of the World Commission on Globalization, established by the International Labour Organization in Geneva. Having previously held positions in the Employment Strategy Department at the ILO and with UNICEF in New York, he is widely published on employment, poverty, inequality, and economic reform issues.

Recensioner i media

There is no more important issue in development economics and perhaps even for the future of mankind than the interrelationship among growth, inequality and poverty. This is a very important book which goes a long way in clarifying this interrelationship and outlining the elements of a pro-poor development strategy.

Innehållsförteckning

1. Economic Policy, Distribution, and Poverty: The Nature of Disagreements ; 2. Growth is Good for the Poor ; 3. Growth, Inequality, and Poverty: Looking Beyond the Averages ; 4. The Growth Elasticity of Poverty ; 5. Education is Good for the Poor: A Note on Dollar and Kraay ; 6. Growth, Distribution, and Poverty Reduction: LDCs are Falling Further Behind ; 7. Redistribution Does Matter: Growth and Redistribution for Poverty Reduction ; 8. Producing and Improved Geographic Profile of Poverty: Methodology and Evidence from Three Developing Countries ; 9. Twin Peaks: Distribution Dynamics of Economic Growth Across Indian States ; 10. A Decomposition of Inequality and Poverty Changes in the Context of Macroeconomic Adjustment: A Microsimulation Study for Cote d'Ivoire ; 11. Educational Expansion and Income Distribution: A Micro-Simulation for Ceara ; 12. Growth, Income Distribution, and Poverty: A Review