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Growth and the poor: a comment on Dollar and Kraay

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Author Info
Malte Lübker (SOAS, University of London, London, UK)
Graham Smith (SOAS, University of London, London, UK)
John Weeks (SOAS, University of London, London, UK)
Abstract

In a recent paper Dollar and Kraay come to sweeping conclusions about economic growth and the poor. On the basis of empirical work they assert that standard World Bank and IMF policy packages are good for the poor. This paper demonstrates that (i) the empirical work is based on theoretically unsound equations; (ii) the data are seriously flawed; and (iii) the policy variables are not defined appropriately, nor are they tested in a consistent manner. These problems imply that the policy conclusions of the authors are unsafe. Copyright © 2002 John Wiley & Sons, Ltd.

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File URL: http://hdl.handle.net/10.1002/jid.911
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Article provided by John Wiley & Sons, Ltd. in its journal Journal of International Development.

Volume (Year): 14 (2002)
Issue (Month): 5 ()
Pages: 555-571
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Handle: RePEc:wly:jintdv:v:14:y:2002:i:5:p:555-571

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Anthony B. Atkinson & Andrea Brandolini, 2000. "Promise and Pitfalls in the Use of 'Secondary' Data-Sets: Income Inequality in OECD Countries," Temi di discussione (Economic working papers) 379, Bank of Italy, Economic Research Department. [Downloadable!]
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  2. A.B. Atkinson, 1998. "The distribution of income in industrialized countries," Proceedings, Federal Reserve Bank of Kansas City, pages 11-32. [Downloadable!]
  3. Demery, Lionel & Squire, Lyn, 1996. "Macroeconomic Adjustment and Poverty in Africa: An Emerging Picture," World Bank Research Observer, Oxford University Press, vol. 11(1), pages 39-59, February.
  4. Deininger, Klaus & Squire, Lyn, 1996. "A New Data Set Measuring Income Inequality," World Bank Economic Review, Oxford University Press, vol. 10(3), pages 565-91, September.
  5. John Weeks, 1997. "Analysis of the Demery and Squire 'Adjustment and Poverty' Evidence," Journal of International Development, John Wiley & Sons, Ltd., vol. 9(6), pages 827-836.
  6. Easterly, William, 2001. "The Effect of IMF and World Bank Programmes on Poverty," Working Papers UNU-WIDER Research Paper , World Institute for Development Economic Research (UNU-WIDER). [Downloadable!]
  7. Mosley, Paul & Subasat, Turan & Weeks, John, 1995. "Assessing adjustment in Africa," World Development, Elsevier, vol. 23(9), pages 1459-1473, September. [Downloadable!] (restricted)
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(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Frederick Nixson, 2006. "Rethinking the political economy of development: back to basics and beyond," Journal of International Development, John Wiley & Sons, Ltd., vol. 18(7), pages 967-981. [Downloadable!]
  2. Richard A. Ashley., 2006. "Growth May Be Good for the Poor, But Decline is Disastrous: On the Non-Robustness of the Dollar-Kraay "Growth is Good for the Poor" Result," Working Papers e06-8, Virginia Polytechnic Institute and State University, Department of Economics. [Downloadable!]
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