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Growth is Good for Whom, When, How? Economic Growth and Poverty Reduction in Exceptional Cases

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  • Donaldson, John A.

Abstract

Summary 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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  • Donaldson, John A., 2008. "Growth is Good for Whom, When, How? Economic Growth and Poverty Reduction in Exceptional Cases," World Development, Elsevier, vol. 36(11), pages 2127-2143, November.
  • Handle: RePEc:eee:wdevel:v:36:y:2008:i:11:p:2127-2143
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    7. Nikita Céspedes Reynaga, 2020. "Crecimiento económico y pobreza en las regiones y en los sectores económicos de Perú," Capítulos de libros, in: Nikita Céspedes Reynaga & Norman V. Loayza & Nelson R. Ramírez Rondán (ed.), Crecimiento económico en el Perú: causas y consecuencias, edition 1, volume 1, chapter 7, pages 204-226, Universidad de San Martín de Porres.
    8. Graham A. Davis, 2020. "Large-sample evidence of income inequality in resource-rich nations," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 33(1), pages 193-216, July.
    9. Benedito Cunguara & Joseph Hanlon, 2012. "Whose Wealth Is It Anyway? Mozambique's Outstanding Economic Growth with Worsening Rural Poverty," Development and Change, International Institute of Social Studies, vol. 43(3), pages 623-647, May.
    10. Gnangnon, Sèna Kimm, 2021. "Do Unilateral Trade Preferences Help Reduce Poverty in Beneficiary Countries?," EconStor Preprints 247346, ZBW - Leibniz Information Centre for Economics.
    11. Perera, Liyanage Devangi H. & Lee, Grace H.Y., 2013. "Have economic growth and institutional quality contributed to poverty and inequality reduction in Asia?," MPRA Paper 52763, University Library of Munich, Germany.
    12. Junankar, Pramod N. (Raja), 2019. "Monetary Policy, Growth and Employment in Developing Areas: A Review of the Literature," IZA Discussion Papers 12197, Institute of Labor Economics (IZA).
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