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Economic Growth and Poverty Reduction: Evidence From Kazakhstan. Asian Development Review, Vol. 24(2), pp. 90-115

dc.contributor.authorPradeep Agrawal
dc.description.abstractThis paper empirically examines the relation between economic growth and poverty alleviation in the case of Kazakhstan using province-level data. It shows that provinces with higher growth rates achieved faster decline in poverty. This happened largely through growth, which led to increased employment and higher real wages and contributed significantly to poverty reduction. Rapidly increasing oil revenues since 1998 have helped significantly raise both gross domestic product growth and government revenue in Kazakhstan. Part of the oil fund was used to fund a pension and social protection program that has helped reduce poverty. However, expenditure on other social sectors like education and health has not increased much and needs more support. It is also shown empirically that increased government expenditure on social sectors did contribute significantly to poverty alleviation. This suggests that both rapid economic growth and enhanced government support for the social sectors are helpful in reducing poverty.
dc.publisherAsian Development Bank
dc.rightsCC BY 3.0 IGO
dc.titleEconomic Growth and Poverty Reduction: Evidence From Kazakhstan. Asian Development Review, Vol. 24(2), pp. 90-115
dc.subject.adbEconomic Growth
dc.subject.adbPoverty Reduction
dc.subject.adbPoverty Alleviation
dc.subject.adbEconomic Development
dc.title.seriesAsian Development Review
dc.title.volumeVolume 24, Number 2, pp. 90-115
dc.contributor.imprintAsian Development Bank
oar.authorAgrawal, Pradeep

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  • Asian Development Review
    The Asian Development Review (ADR) is a professional journal for disseminating the results of economic and development research relevant to Asia and the Pacific. Since 1983, the ADR has been an important part of the history of the Asian Development Bank and its mission to reduce poverty across Asia and the Pacific.

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