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Economic Growth and Poverty Reductions: Important Mitigating Factors

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  • Emily M. Northrop

Abstract

Two factors have rendered aggregate economic growth a weakened weapon against poverty in the modern U.S. economy. First, the increase in the national rate of divorce has increased the proportion of the population that lives in households that are headed by women, a group that has historically benefited less from aggregate economic activity as evidenced by the group's comparatively high poverty rates. Second, the relative shift in the sectoral composition of economic growth from manufacturing to private services yields jobs that are more often lower-paying, part-time, and intermittent positions, and consequently less helpful at remedying poverty.

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  • Emily M. Northrop, 1988. "Economic Growth and Poverty Reductions: Important Mitigating Factors," Eastern Economic Journal, Eastern Economic Association, vol. 14(4), pages 349-356, Oct-Dec.
    • Handle: RePEc:eej:eeconj:v:14:y:1988:i:4:p:349-356
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    File URL: http://web.holycross.edu/RePEc/eej/Archive/Volume14/V14N4P349_356.pdf
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    1. W. H. Locke Anderson, 1964. "Trickling Down: The Relationship Between Economic Growth and the Extent of Poverty Among American Families," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 78(4), pages 511-524.
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    1. Muhammad Sibt e Ali & Naeem ul Din & Syed Muhammad Faraz Raza & Syed Zain Ul Abidin, 2018. "Population, Poverty and Economic Development Nexus: Empirical Study of Some Selected Developing Countries," Pakistan Journal of Humanities and Social Sciences, International Research Alliance for Sustainable Development (iRASD), vol. 6(4), pages :458-476, December.

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