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Growth, Inequality And Poverty: Some Hard Questions

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  • Ravi Kanbur

    (Cornell University)

Abstract

This commentary poses a series of progressively harder questions in the economic analysis of growth, inequality and poverty. Starting with relatively straightforward analysis of the relationship between growth and inequality, the first-level hard questions arise when we ask what policies and institutions are causally related to equitable growth. Some progress is being made here by the economics literature, but relatively little is known about the second-level harder questions – how a society comes to acquire "good" policies and institutions, and what exactly it is that we are buying into when we accept the number one Millennium Development Goal of the United Nations—halving the incidence of income poverty by the year 2015.

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Bibliographic Info

Paper provided by Institute for Social and Economic Change, Bangalore in its series Working Papers with number 157.

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Length: 14 pages
Date of creation: 2004
Date of revision:
Handle: RePEc:sch:wpaper:157

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Keywords: Economic Growth; Inequality; Poverty;

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References

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  1. Besley, Timothy & Coate, Stephen, 2003. " On the Public Choice Critique of Welfare Economics," Public Choice, Springer, vol. 114(3-4), pages 253-73, March.
  2. Case, A., 1997. "Election Goals and Income Redistribution: Recent Evidence from Albania," Papers 177, Princeton, Woodrow Wilson School - Development Studies.
  3. Kanbur, Ravi, 2000. "Income distribution and development," Handbook of Income Distribution, in: A.B. Atkinson & F. Bourguignon (ed.), Handbook of Income Distribution, edition 1, volume 1, chapter 13, pages 791-841 Elsevier.
  4. Dollar, David & Kraay, Aart, 2002. " Growth Is Good for the Poor," Journal of Economic Growth, Springer, vol. 7(3), pages 195-225, September.
  5. Kanbur, Ravi, 2001. "Economic Policy, Distribution and Poverty: The Nature of Disagreements," World Development, Elsevier, vol. 29(6), pages 1083-1094, June.
  6. Banerjee, Abhijit V & Duflo, Esther, 2003. " Inequality and Growth: What Can the Data Say?," Journal of Economic Growth, Springer, vol. 8(3), pages 267-99, September.
  7. Tim Besley, 2002. "Political institutions and policy choices: evidence from the United States," IFS Working Papers W02/13, Institute for Fiscal Studies.
  8. Francois Bourguignon & Luiz A. Pereira da Silva, 2003. "The Impact of Economic Policies on Poverty and Income Distribution : Evaluation Techniques and Tools," World Bank Publications, The World Bank, number 15090, March.
  9. Anand, Sudhir & Kanbur, S. M. R., 1993. "Inequality and development A critique," Journal of Development Economics, Elsevier, vol. 41(1), pages 19-43, June.
  10. Klaus Deininger & Lyn Squire, 1996. "A New Data Set Measuring Income Inequality," CEMA Working Papers 512, China Economics and Management Academy, Central University of Finance and Economics.
  11. Bob Baulch & John Hoddinott, 2000. "Economic mobility and poverty dynamics in developing countries," Journal of Development Studies, Taylor & Francis Journals, vol. 36(6), pages 1-24.
  12. Hongyi Li & Lyn Squire & Tao Zhang & Heng-fu Zou, 1999. "A Data Set on Income Distribution," CEMA Working Papers 575, China Economics and Management Academy, Central University of Finance and Economics.
  13. Angus Deaton, 2003. "How to monitor poverty for the Millennium Development Goals," Working Papers 179, Princeton University, Woodrow Wilson School of Public and International Affairs, Research Program in Development Studies..
  14. Kristin J. Forbes, 2000. "A Reassessment of the Relationship between Inequality and Growth," American Economic Review, American Economic Association, vol. 90(4), pages 869-887, September.
  15. Barro, Robert J, 2000. " Inequality and Growth in a Panel of Countries," Journal of Economic Growth, Springer, vol. 5(1), pages 5-32, March.
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Cited by:
  1. Andy Sumner & Rich Mallett, 2011. "Snakes and Ladders, Buffers and Passports: Rethinking Poverty, Vulnerability and Wellbeing," Working Papers 83, International Policy Centre for Inclusive Growth.
  2. World Bank, 2012. "Liberia Poverty Note : Tracking the Dimensions of Poverty," World Bank Other Operational Studies 12320, The World Bank.
  3. Kanbur, Ravi, 2005. "Reforming the Formula: A Modest Proposal for Introducing Development Outcomes in IDA Allocation Procedures," Working Papers 127071, Cornell University, Department of Applied Economics and Management.

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