Understanding Growth and Poverty: Theory Policy and Empirics

Business & Finance, Economics, Development & Growth
Cover of the book Understanding Growth and Poverty: Theory Policy and Empirics by Nallari Raj; Griffith Breda, World Bank
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Nallari Raj; Griffith Breda ISBN: 9780821369548
Publisher: World Bank Publication: March 9, 2011
Imprint: Language: English
Author: Nallari Raj; Griffith Breda
ISBN: 9780821369548
Publisher: World Bank
Publication: March 9, 2011
Imprint:
Language: English
The literature on growth and poverty is voluminous and still evolving. This title distills the most important lessons from developing countries' experience with growth and poverty. It provides a broad understanding of the impact of economic policies on growth and poverty reduction in developing countries. After describing basic economic relationships that summarize the workings and the measurement of the macroeconomy--and after confirming that growth is the most critical factor in alleviating poverty--the book turns to individual policy areas. These include the various roles of government among them setting fiscal policy and maintaining an environment conducive to the effective operation of a market economy. Policies governing money supply exchange rates and the financial sector are also covered. After assessing several decades of experience with development assistance the aim of which has been to place poor countries on a path of sustainable long-run growth the study turns to a discussion of external debt. In the 1980s and 1990s debt contracted by low-income countries from commercial and official sources became unsustainable crippling their growth keeping millions in poverty and forcing an international reappraisal of lending policies the centerpiece of which was a set of debt-forgiveness policies that was put forward with the launch of the Jubilee 2000 debt relief campaign. The remainder of the volume examines problems that can keep the poor from moving out of poverty. Trade institutional development regulation education health labor markets land and agriculture natural resources urbanization technology and politics?all are core components of public policy and need to be handled right if poverty is to be addressed effectively. Because many developing countries lack the capacity to mobilize resources?administrative and financial?to move the poor out of poverty the international community must be actively involved. Looking ahead rates of growth and poverty will be determined by how nations use knowledge technology and energy in firms and households and by the effects of the warming climate on economic activities. Above all the distribution of political and economic power within and among countries will determine the direction and dynamics of growth and development.
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
The literature on growth and poverty is voluminous and still evolving. This title distills the most important lessons from developing countries' experience with growth and poverty. It provides a broad understanding of the impact of economic policies on growth and poverty reduction in developing countries. After describing basic economic relationships that summarize the workings and the measurement of the macroeconomy--and after confirming that growth is the most critical factor in alleviating poverty--the book turns to individual policy areas. These include the various roles of government among them setting fiscal policy and maintaining an environment conducive to the effective operation of a market economy. Policies governing money supply exchange rates and the financial sector are also covered. After assessing several decades of experience with development assistance the aim of which has been to place poor countries on a path of sustainable long-run growth the study turns to a discussion of external debt. In the 1980s and 1990s debt contracted by low-income countries from commercial and official sources became unsustainable crippling their growth keeping millions in poverty and forcing an international reappraisal of lending policies the centerpiece of which was a set of debt-forgiveness policies that was put forward with the launch of the Jubilee 2000 debt relief campaign. The remainder of the volume examines problems that can keep the poor from moving out of poverty. Trade institutional development regulation education health labor markets land and agriculture natural resources urbanization technology and politics?all are core components of public policy and need to be handled right if poverty is to be addressed effectively. Because many developing countries lack the capacity to mobilize resources?administrative and financial?to move the poor out of poverty the international community must be actively involved. Looking ahead rates of growth and poverty will be determined by how nations use knowledge technology and energy in firms and households and by the effects of the warming climate on economic activities. Above all the distribution of political and economic power within and among countries will determine the direction and dynamics of growth and development.

More books from World Bank

Cover of the book World Bank East Asia and Pacific Economic Update 2010 Volume 2: Robust Recovery Rising Risks by Nallari Raj; Griffith Breda
Cover of the book Public Procurement Of Energy Efficiency Services: Lessons From International Experience by Nallari Raj; Griffith Breda
Cover of the book A Guide To The World Bank, Second Edition by Nallari Raj; Griffith Breda
Cover of the book Key Labor Market Indicators by Nallari Raj; Griffith Breda
Cover of the book Africa's Water and Sanitation Infrastructure: Access Affordability and Alternatives by Nallari Raj; Griffith Breda
Cover of the book Capturing Solutions for Learning and Scaling Up by Nallari Raj; Griffith Breda
Cover of the book Global Development Finance 2008 (Complete Print Edition) by Nallari Raj; Griffith Breda
Cover of the book Africa Development Indicators 2010: Silent And Lethal: How Quiet Corruption Undermines Africa's Development Efforts by Nallari Raj; Griffith Breda
Cover of the book Disease Control Priorities, Third Edition (Volume 6) by Nallari Raj; Griffith Breda
Cover of the book Africa Development Indicators 2012/2013 by Nallari Raj; Griffith Breda
Cover of the book Uganda's Remittance Corridors from United Kingdom United States and South Africa: Challenges to Linking Remittances to the Use of Formal Services by Nallari Raj; Griffith Breda
Cover of the book International Financial Reporting Standards (Fifth Edition): A Practical Guide by Nallari Raj; Griffith Breda
Cover of the book Learning from Megadisasters by Nallari Raj; Griffith Breda
Cover of the book A Unified Approach to Measuring Poverty and Inequality by Nallari Raj; Griffith Breda
Cover of the book The State of Social Safety Nets 2015 by Nallari Raj; Griffith Breda
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy