How Good is Growth?
Foster, James; Székely, Miguel | June 2000
Abstract
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.
Citation
Foster, James; Székely, Miguel. 2000. How Good is Growth?. © Asian Development Bank. http://hdl.handle.net/11540/5397.Keywords
Poverty Analysis
Participatory Poverty Assessment
Poverty Reduction Strategy
Extreme Poverty
Economic development
Growth And Poverty
Income Distribution
Demographic Indicators
Social Justice
Price stabilization
Food prices
Price policy
Social change
Social accounting
Inequality of income
Economic growth
Qualilty of Life
Open price system
Price fixing
Price regulation
Consumer price indexes
Show allCollapse
Citable URI
http://hdl.handle.net/11540/5397Metadata
Show full item recordUsers also downloaded
-
Growth, Inequality, and Poverty: An Introduction
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 ...