Global poverty reduction: are we heading in the right direction?
Poverty is now commonly recognised as a multi-dimensional concept, but there is less agreement about whether such recognition matters for poverty reduction policies in practice. This article argues that it does matter, as income is an input measure rather than a welfare outcome, the correlation between income and other aspects of poverty is imperfect and as there are strong complementarties between investment in human development and attaining sustained growth. Poverty measures should clearly be those that focus on the welfare of the poor, but it is often forgotten that many social indicators have a distributional component, just as does income per capita, so that increases do not necessarily correspond to improvements in the well-being of the poor. The record with respect to poverty reduction is uneven and certainly leaves no room for complacency. Although growth is rightly considered a part of any poverty reduction strategy, the agenda should focus more strongly on poverty reduction with growth (and so the distribution of the benefits of growth). Aid can play a role in this process, but only if the donor-based biases which distort aid from its poverty-reducing objective are confronted. Copyright © 1999 John Wiley & Sons, Ltd.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): 11 (1999)
Issue (Month): 4 ()
|Contact details of provider:|| Web page: http://www3.interscience.wiley.com/journal/5102/home|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Demery, Lionel & Squire, Lyn, 1996. "Macroeconomic Adjustment and Poverty in Africa: An Emerging Picture," World Bank Research Observer, World Bank Group, vol. 11(1), pages 39-59, February.
- Alejandro Ramirez & Gustav Ranis, 1997. "Economic Growth and Human Development," Working Papers 787, Economic Growth Center, Yale University.
- Ravallion, Martin, 1997. "Good and bad growth: The human development reports," World Development, Elsevier, vol. 25(5), pages 631-638, May.
- Ranis, Gustav & Stewart, Frances & Ramirez, Alejandro, 2000.
"Economic Growth and Human Development,"
Elsevier, vol. 28(2), pages 197-219, February.
- Alejandro Ramirez & Gustav Ranis & Frances Stewart, "undated". "Economic Growth and Human Development -," QEH Working Papers qehwps18, Queen Elizabeth House, University of Oxford.
- Ranis, G. & Ramirez, A. & Stewart, F., 1997. "Economic Growth and Human Development," Papers 787, Yale - Economic Growth Center.
- Foster, James & Greer, Joel & Thorbecke, Erik, 1984. "A Class of Decomposable Poverty Measures," Econometrica, Econometric Society, vol. 52(3), pages 761-766, May.
- Persson, Torsten & Tabellini, Guido, 1994.
"Is Inequality Harmful for Growth?,"
American Economic Review,
American Economic Association, vol. 84(3), pages 600-621, June.
- Robert K. Triest, 1998. "Has Poverty Gotten Worse?," Journal of Economic Perspectives, American Economic Association, vol. 12(1), pages 97-114, Winter.
When requesting a correction, please mention this item's handle: RePEc:wly:jintdv:v:11:y:1999:i:4:p:503-519. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing)or (Christopher F. Baum)
If references are entirely missing, you can add them using this form.