How Good is Growth?
Foster, James; Székely, Miguel | June 2000
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 of the distribution”, the paper finds that growth is good for the poor, but not necessarily as good as for other sectors of the population.
CitationFoster, James; Székely, Miguel. 2000. How Good is Growth?. © Asian Development Bank. http://hdl.handle.net/11540/5397.
Participatory Poverty Assessment
Poverty Reduction Strategy
Growth And Poverty
Inequality of income
Qualilty of Life
Open price system
Consumer price indexesShow allCollapse
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Kakwani, Nanak; Son, Brahm Prakash|Hyun (Asian Development Bank, 2000-06-30)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 ...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 ...