Growth, Inequality, and Poverty: Prospects for Pro-poor Economic Development by Anthony Shorrocks

Growth, Inequality, and Poverty: Prospects for Pro-poor Economic Development

EditorAnthony Shorrocks, Rolph van der Hoeven

Paperback | February 15, 2005

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The relationship between growth, inequality, and poverty lies at the heart of development economics. This volume draws together many of the most important recent contributions to the controversies surrounding this topic. Some of the chapters help explain why there is profound disagreement on crucial issues of growth, poverty and inequality within academic circles, and among organizations and various groups active in the development field. Another central theme is the cross-country evidence on the relationshipbetween growth and poverty, and the extent to which it is valid to draw policy conclusions from this empirical evidence. The volume also shows how new microeconomic techniques such as poverty maps and microsimulation models can be used to improve poverty analysis and the design of pro-poor policies.The overall conclusion points to the need for diverse strategies towards growth and poverty, rather than simple blanket policy rules. Initial conditions, specific country structures, and time horizons all play a significant role. Initial conditions affect the speed with which growth reduces povertyand can also determine whether policies such as trade liberalization have a pro-poor or an anti-poor outcome. Improved education is valuable in itself, and also contributes to poverty reduction; but its effect on inequality depends on supply and demand factors, which differ significantly acrosscountries. Likewise, the quantitative impact on poverty of redistribution from the rich to the poor vis-a-vis an increase in total national income can vary greatly across countries. Hence the need for creative approaches to poverty which take full account of the specific circumstances of individualnations and which assign a central role to inequality analysis in the discussion of poverty-alleviation policies.

About The Author

Anthony Shorrocks is Director of WIDER, having previously held positions at the London School of Economics and the University of Essex. He has published extensively on topics related to income and wealth distribution, inequality, and poverty, and has been recently working on various issues concerned with the social problems facing Rus...

Details & Specs

Title:Growth, Inequality, and Poverty: Prospects for Pro-poor Economic DevelopmentFormat:PaperbackDimensions:300 pages, 9.21 × 6.14 × 0.69 inPublished:February 15, 2005Publisher:Oxford University PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0199282242

ISBN - 13:9780199282241

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Table of Contents

1. Ravi Kanbur: Economic Policy, Distribution, and Poverty: The Nature of Disagreements2. David Dollar and Aart Kraay: Growth is Good for the Poor3. Martin Ravallion: Growth, Inequality, and Poverty: Looking Beyond the Averages4. Rasmus Heltberg: The Growth Elasticity of Poverty5. Erich Gundlach, Jose Navarro de Pablo, and Natascha Weisert: Education is Good for the Poor: A Note on Dollar and Kraay6. Felix Naschold: Growth, Distribution, and Poverty Reduction: LDCs are Falling Further Behind7. Hulya Dagdeviren, Rolph van der Hoeven, and John Weeks: Redistribution Does Matter: Growth and Redistribution for Poverty Reduction8. Gabriel Demombynes, Chris Elbers, Jean O. Lanjouw, Peter Lanjouw, Johan Mistiaen, and Berk Ozler: Producing and Improved Geographic Profile of Poverty: Methodology and Evidence from Three Developing Countries9. Sanghamitra Bandyopadhyay: Twin Peaks: Distribution Dynamics of Economic Growth Across Indian States10. Michael Grimm: A Decomposition of Inequality and Poverty Changes in the Context of Macroeconomic Adjustment: A Microsimulation Study for Cote d'Ivoire11. Francisco H. G. Ferreira and Phillipe George Leite: Educational Expansion and Income Distribution: A Micro-Simulation for Ceara12. Arne Bigsten and Jorgen Levin: Growth, Income Distribution, and Poverty: A Review

Editorial Reviews

`Together they make a valuable collection of papers on linkages between inequality and/or trade with growth and/or povertyresearchers will find much of value in the volumes, and research students will find the reviews, methods and case studies informative and useful.'Journal of International Development