Growth is Good for Whom, When, How? Economic Growth and Poverty Reduction in Exceptional Cases
AbstractSummary Economic growth and liberal economic policies often help the poor, but what about the numerous cases in which they do not? This article analyzes two types of cases: those in which income growth of the poor was significantly lower than expectations ("negative exceptions") and those in which income growth of the poor significantly exceeded expectations ("positive exceptions"). Insights from these cases inform our theoretical understanding of poverty reduction. In addition, this article contributes a typology of strategies used in these cases, including alternative pathways to economic growth and neoliberal prescriptions for poverty reduction.
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Bibliographic InfoArticle provided by Elsevier in its journal World Development.
Volume (Year): 36 (2008)
Issue (Month): 11 (November)
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economic growth poverty reduction liberalization;
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