Poverty, Inequality, and Growth in the Philippines

Arsenio Balisacan and Ernesto Pernia (ernestompernia@gmail.com)

Chapter 7 in Poverty, Growth, and Institutions in Developing Asia, 2003, pp 219-246 from Palgrave Macmillan

Abstract: Abstract Recent research suggests that economic growth is key to poverty reduction in developing countries. Some results indicate that the growth-poverty relationship is invariant to economic cycles, i.e., whether the economy is expanding or contracting (Dollar and Kraay 2001). From a policy perspective, this suggests that poverty reduction involves nothing more than creating an environment conducive to rapid economic growth. Indeed, Bhalla (2001) asserts that “growth is sufficient.”

Keywords: Capita Expenditure; Poverty Reduction; Income Growth; Consumption Expenditure; Farm Size (search for similar items in EconPapers)
Date: 2003
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-4039-3779-7_7

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DOI: 10.1057/9781403937797_7

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