Growth And The Poor: A Comment On Dollar And Kraay
AbstractIn a recent paper Dollar and Kraay come to sweeping conclusions about economic growth and the poor. On the basis of the empirical work they assert that standard World Bank and IMF policy packages are good for the poor. This critique 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 and are tested in an inconsistent manner. These problems imply that the policy conclusions of the authors are unsafe.
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Bibliographic InfoPaper provided by Department of Economics, SOAS, University of London, UK in its series Working Papers with number 100.
Length: 31 pages
Date of creation: Oct 2000
Date of revision:
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- 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.
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