Inequality and the Fragility of Growth

Chapitre d'ouvrage: Over the long run, sustained growth is central to poverty reduction. The rapid growth seen in much of the world over the past few decades — notably, but not only, in China and India — has led to an unprecedented reduction in poverty. And, in general, increases in per capita income tend to translate into proportionate increases in income of the poor. As Dollar and Kraay (2002) memorably put it, “Growth Is Good for the Poor.” All the more reason, then, to place sustainability of growth at the center of any poverty reduction strategy.

Auteur(s)

Jonathan D. Ostry, François Bourguignon

Éditeur(s)
  • Palgrave Macmillan
Éditeur(s) scientifique(s)
  • Kaushik Basu
  • Joseph E. Stiglitz
Collection
  • Regions and Regularities
Titre de l’ouvrage
  • Inequality and Growth: Patterns and Policy.
Date de publication
  • 2016
Mots-clés
  • Mathematical Methods
  • Choix public
  • Spatial Science
  • Financial Economics
Version
  • 1
Volume
  • 2