The Composition of Growth Matters for Poverty Alleviation

The Composition of Growth Matters for Poverty Alleviation

Author: Norman Loayza

Publisher: World Bank Publications

Published: 2006

Total Pages: 38

ISBN-13:

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This paper contributes to explain the cross-country heterogeneity of the poverty response to changes in economic growth. It does so by focusing on the structure of output growth. The paper presents a two-sector theoretical model that clarifies the mechanism through which the sectoral composition of growth and associated labor intensity can affect workers' wages and, thus, poverty alleviation. Then in presents cross-country empirical evidence that analyzes first, the differential poverty-reducing impact of sectoral growth at various levels of disaggregation, and the role of unskilled labor intensity in such differential impact. The paper finds evidence that not only the size of economic growth but also its composition matters for poverty alleviation, with the largest contributuons from labor-intensive sectors (such as agriculture, construction, and manufacturing). The results are robust to the influence of outliers, alternative explanations, and various poverty measures.


Democratic Republic of the Congo

Democratic Republic of the Congo

Author: International Monetary Fund. African Dept.

Publisher: International Monetary Fund

Published: 2013-07-23

Total Pages: 122

ISBN-13: 1484312872

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This Poverty Reduction Strategy Paper on the Democratic Republic of Congo discusses economic policies and development. The macroeconomic and budget framework has been developed to take into account the effects of sectoral policies to maintain macroeconomic stability, a necessary condition for laying the foundation of economic growth and poverty reduction. It is based on the profile of public spending, the assessment of costs for achieving the Millennium Development Goals by 2020, and the sector-based economic growth theories taking into account the uncertainties of the international environment and the real potential of the Congolese economy. It is found that it allows for a realistic programming of public spending while highlighting the main budgetary choices proposed by the government.


Agricultural Policies for Poverty Reduction

Agricultural Policies for Poverty Reduction

Author: OECD

Publisher: OECD Publishing

Published: 2012-03-02

Total Pages: 195

ISBN-13: 9264112901

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This volume sets out a strategy for raising rural incomes which emphasises the creation of diversified rural economies with opportunities within and outside agriculture.


Kingdom of Lesotho

Kingdom of Lesotho

Author: International Monetary Fund

Publisher: International Monetary Fund

Published: 2006-04-27

Total Pages: 257

ISBN-13: 1451978049

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This Poverty Reduction Strategy Paper for the Kingdom of Lesotho presents a determined plan in pursuance of high and sustainable equity-based economic growth. It contains medium-term objectives and strategies to address the major challenges facing the country. These challenges include employment creation and income generation, and improving quality of and access to education and health services. Lesotho plans to deal boldly with its trading and investment partners by exploiting the opportunities inherent in the process of globalization under such mechanisms as the Africa Growth and Opportunities Act.


Poverty Reduction Policies and Practices in Developing Asia

Poverty Reduction Policies and Practices in Developing Asia

Author: Almas Heshmati

Publisher: Springer

Published: 2015-03-31

Total Pages: 309

ISBN-13: 9812874208

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This book looks at the major policy challenges facing developing Asia and how the region sustains rapid economic growth to reduce multidimensional poverty through socially inclusive and environmentally sustainable measures. Asia is facing many challenges arising from population growth, rapid urbanization, provision of services, climate change and the need to redress declining growth after the global financial crisis. This book examines poverty and related issues and aims to advance the development of new tools and measurement of multidimensional poverty and poverty reduction policy analysis. The book covers a wide range of issues, including determinants and causes of poverty and its changes; consequences and impacts of poverty on human capital formation, growth and consumption; assessment of poverty strategies and policies; the role of government, NGOs and other institutions in poverty reduction; rural-urban migration and poverty; vulnerability to poverty; breakdown of poverty into chronic and transitory components; and a comparative study on poverty issues in Asia and other regions. The book will appeal to all those interested in economic development, resources, policies and economic welfare and growth.


Policies to Address Poverty in America

Policies to Address Poverty in America

Author: Melissa Kearney

Publisher: Brookings Institution Press

Published: 2014-06-19

Total Pages: 508

ISBN-13: 0815726473

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One-in-seven adults and one-in-five children in the United States live in poverty. Individuals and families living in povertyÊnot only lack basic, material necessities, but they are also disproportionally afflicted by many social and economic challenges. Some of these challenges include the increased possibility of an unstable home situation, inadequate education opportunities at all levels, and a high chance of crime and victimization. Given this growing social, economic, and political concern, The Hamilton Project at Brookings asked academic experts to develop policy proposals confronting the various challenges of AmericaÕs poorest citizens, and to introduce innovative approaches to addressing poverty.ÊWhen combined, the scope and impact of these proposals has the potential to vastly improve the lives of the poor. The resulting 14 policy memos are included in The Hamilton ProjectÕs Policies to Address Poverty in America. The main areas of focus include promoting early childhood development, supporting disadvantaged youth, building worker skills, and improving safety net and work support.


Vietnam

Vietnam

Author: International Monetary Fund

Publisher:

Published: 2004

Total Pages: 31

ISBN-13: 9781451840261

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This paper assesses the Poverty Reduction Strategy Paper of Vietnam, known as the Comprehensive Poverty Reduction and Growth Strategy (CPRGS). It is an action program to achieve economic growth and poverty reduction objectives. This paper reviews the objectives and tasks of socio-economic development and poverty reduction. The government of Vietnam takes poverty reduction as a cutting-through objective in the process of country socio-economic development and declares its commitment to implement the Millennium Development Goals and poverty reduction objectives.


Out of Poverty. Comparative Poverty Reduction Strategies in Eastern and Southern Africa

Out of Poverty. Comparative Poverty Reduction Strategies in Eastern and Southern Africa

Author: Flora Lucas Kessy

Publisher: African Books Collective

Published: 2008

Total Pages: 208

ISBN-13: 9987080065

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Reviews the poverty strategies of three Heavily Indebted Poor Countries (HIPC), Tanzania, Uganda and Zambia, and three non-HIPCs, Botswana, Kenya and Namibia. Considers the main economic, social and political factors influencing poverty generation and/or reduction during the period 1990-2006.


Poverty Reduction Strategies in Africa

Poverty Reduction Strategies in Africa

Author: Mike O. Odey

Publisher: Routledge

Published: 2017-09-08

Total Pages: 210

ISBN-13: 131528295X

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A fundamental question about contemporary Africa is why does Africa remain so poor, long after the departure of the European Colonial domination and in the midst of so many natural resources? Poverty Reduction Strategies in Africa provides new understandings of the persistent issue of poverty in Sub-Saharan Africa and makes recommendations for policy frameworks to help African governments alleviate poverty. Each chapters uses case studies to review the old strategies for resolving the problem of poverty in the continent and make the case for new initiatives to address poverty. The contributors focus on practical and day-to-day issues as the best approach to formulate and implement poverty reduction strategies in contemporary Africa. This book is invaluable reading for students and scholars of African politics and development.