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Relations between Growth and the Poorest

Andrew McKay

Abstract

The importance of growth, defined here as growth in per capita income or production, for achieving poverty reduction is widely accepted, especially so in low-income countries. Available empirical evidence based on cross-country datasets strongly supports this in relation to income poverty. And notwithstanding some notable exceptions, there is also quite strong evidence of the positive impact of economic growth on human development and non-income dimensions of poverty as well (UNDP, 2003). This is especially so over the medium term, with increasing evidence for virtuous and vicious circular relationships between progress in economic growth and in human development (Ranis et al., 2000; UNDP, 2003).

Publication Type(s)

CPRC Working Paper

Keywords

growth social relations poverty

ISBN: 978-1-906433-27-7

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1 Relations between growth and the poorest PDF 267.4 KB

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