Description: Empirics of the Link between Growth and Poverty

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Empirics of the Link between Growth and Poverty

Many people have questioned whether the world's poor share in economic growth. This note synthesizes the empirical evidence. The data show that economic growth typically reduces poverty and can usually be deemed pro-poor. But there is wide div...

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Bibliographic Details
Main Author:	Fallon, Peter
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ABSOLUTE POVERTY ASSET INEQUALITY AVERAGE INCOME AVERAGE INCOME GROWTH COUNTRY DATA CRISES DEVELOPING COUNTRIES DEVELOPMENT ECONOMICS DEVELOPMENT GOALS DEVELOPMENT REPORT DEVELOPMENT RESEARCH DISINFLATION ECONOMIC DEVELOPMENT ECONOMIC FACTORS ECONOMIC GROWTH ECONOMIC GROWTH RATES ECONOMIC MANAGEMENT ECONOMIC STRUCTURE ECONOMICS LETTERS EMPIRICAL EVIDENCE EMPIRICAL RESULTS EMPIRICAL STUDIES EMPLOYMENT ESTIMATED ELASTICITY EXCHANGE RATES EXPLANATORY VARIABLES GENDER INEQUALITY GINI COEFFICIENT GROWTH RATES HEADCOUNT RATIO HIGH INFLATION HOUSEHOLD SURVEYS HUMAN CAPITAL HUMAN DEVELOPMENT INCOME INCOME DISTRIBUTION INCOME GROWTH INCOME INEQUALITY INCOME SHARE INEQUALITY INFANT MORTALITY INSTITUTIONAL MEASURES INTENSIVE GROWTH INTERNATIONAL DEVELOPMENT INTERNATIONAL TRADE LIVING STANDARDS LONG-RUN GROWTH LOW INEQUALITY MEAN INCOME MEASUREMENT ERRORS MONETARY ECONOMICS NATIONAL ACCOUNTS NEGATIVE IMPACT PER CAPITA GROWTH PER CAPITA INCOME POVERTY ALLEVIATION POVERTY IMPACT POVERTY LINE POVERTY MEASURES POVERTY RATE POVERTY REDUCTION PRO-GROWTH POLICIES PRO-POOR PRO-POOR GROWTH PROPERTY RIGHTS PURCHASING POWER PURCHASING POWER PARITY REAL INCOME REDUCING POVERTY SAFETY NETS TRANSITION ECONOMIES ECONOMIC GROWTH POVERTY ANALYSIS POVERTY MEASUREMENT CONSUMPTION PER CAPITA ECONOMIC RESEARCH
Online Access:	http://documents.worldbank.org/curated/en/2000/10/828351/empirics-link-between-growth-poverty http://hdl.handle.net/10986/11420

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Summary:	Many people have questioned whether the world's poor share in economic growth. This note synthesizes the empirical evidence. The data show that economic growth typically reduces poverty and can usually be deemed pro-poor. But there is wide divergence across countries. In some cases the poor have gained relatively little from growth; in other cases they have benefited disproportionately. Available data may have weaknesses because most empirical studies of poverty are based on measures of income or consumption. But poverty is a state in which the quality of a person's life falls short of some recognized standard of well-being, and so it requires that additional dimensions be considered.