Growth, Inequality, and Poverty: An Introduction
Kakwani, Nanak; Son, Brahm Prakash|Hyun | June 2000
The paper provides a summary of all the papers in this special volume. It also gives a brief theoretical introduction to the subject of growth, inequality, and poverty, including the neoclassical growth and new growth theories. It discusses the relationship between growth and inequality, and presents empirical evidence that argues that growth does not lead to inequality. The reverse causation from inequality to growth is also examined. The Dollar and Kraay methodology, which concludes that growth is good for the poor, is also reviewed. Finally, the paper argues that the emphasis on pro-poor growth policies will reduce poverty more rapidly than simple reliance on the trickle down effect. However, poverty reduction with growth also depends on initial inequalities and assets.
CitationKakwani, Nanak; Son, Brahm Prakash|Hyun. 2000. Growth, Inequality, and Poverty: An Introduction. © Asian Development Bank. http://hdl.handle.net/11540/5395.
Fight Against Poverty
Health Aspects Of Poverty
Indicators Of Poverty
Participatory Poverty Assessment
Poverty In Developing Countries
Poverty Reduction Efforts
Low Income Groups
Socially Disadvantaged Children
Equal rights amendment|Equal rights
Distribution of income
Inequality of income
Rural community development
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Foster, James; Székely, Miguel (Asian Development Bank, 2000-06-30)This paper argues that the use of different methodologies for characterizing the well-being of the poor can lead to totally different views about the relationship between economic growth and poverty. The paper focuses on “general means”, which are well-known income standards that place greater weight on lower incomes. In contrast to results obtained using the “mean income of the bottom 20 percent ...This paper argues that the use of different methodologies for characterizing the well-being of the poor can lead to totally different views about the relationship between economic growth and poverty. The paper focuses on “general means”, which are ...