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Are Millennium Goals of Poverty Reduction Useful?


  • Raghav Gaiha


Millennium goals aim to halve poverty in developing countries by 2015. As a distinction is not drawn between the persistently and transiently poor, there is a risk that strategies designed to accelerate growth to achieve the desired reduction in an overall index of poverty may be preferred to those that benefit the persistently poor. Besides, in the absence of a disaggregation of these goals into rural and urban components, rural poverty reduction may not get the priority it deserves. Finally, the feasibility of the millennium goals is not plausible. While the growth rates required for achieving these goals do not differ much from those recorded in recent years, their sustainability is not self-evident. Moreover, as income inequality has increased in recent years, the poverty reduction due to a given growth rate is lower. But these goals are nevertheless useful in drawing attention to pervasive deprivation in developing countries, and to the need for a determined and co-ordinated effort by the development community in reducing it substantially in the not-too-distant future.

Suggested Citation

  • Raghav Gaiha, 2003. "Are Millennium Goals of Poverty Reduction Useful?," Oxford Development Studies, Taylor & Francis Journals, vol. 31(1), pages 59-84.
  • Handle: RePEc:taf:oxdevs:v:31:y:2003:i:1:p:59-84 DOI: 10.1080/1360081032000047195

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    References listed on IDEAS

    1. Narayanan, K., 1998. "Technology acquisition, de-regulation and competitiveness: a study of Indian automobile industry," Research Policy, Elsevier, vol. 27(2), pages 215-228, June.
    2. Mani, Sunil, 1999. "Public Innovation Policies and Developing Countries In a Phase of Economic Liberalisation," UNU-INTECH Discussion Paper Series 02, United Nations University - INTECH.
    3. Homi Katrak, 1996. "Trade policies, enterprise characteristics and technological effort in developing countries," Journal of International Development, John Wiley & Sons, Ltd., vol. 8(1), pages 39-51.
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    Cited by:

    1. Pedercini, Matteo & Barney, Gerald O., 2010. "Dynamic analysis of interventions designed to achieve millennium development goals (MDG): The case of Ghana," Socio-Economic Planning Sciences, Elsevier, vol. 44(2), pages 89-99, June.
    2. Felipe, J., 2003. "Sustainable development: a comment," Estudios de Economía Aplicada, Estudios de Economía Aplicada, vol. 21, pages 575-581, December.
    3. R Gaiha & K Imai, 2005. "Do Institutions Matter in Poverty Reduction? Prospects of Achieving the MDG of Poverty Reduction in Asia," The School of Economics Discussion Paper Series 0506, Economics, The University of Manchester.

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