EconPapers    
Economics at your fingertips  
 

Poverty reduction Policies and Pro-Poor Growth in Nigeria

Lloyd Amaghionyeodiwe () and Tokunbo Osinubi ()

Brazilian Electronic Journal of Economics, 2004, vol. 6, issue 1

Abstract: Recently the depth and severity of extreme poverty in Nigeria has been alarming. And over the years, the government undertook some poverty reduction policies with the aim of reducing, if not totally eradicating, poverty. These policies were expected to at least raise the standard of living of Nigerians. The impact of these policies on alleviating poverty has been contentious. Some studies in the past have argued that the poor has benefited more from these policies, some found that there was positive real growth yet poverty and inequality still worsened, and this can be traced to the nature of growth pursued and the poverty reduction policies that underline it. This study empirically evaluates macroeconomic policies vis-oor growth in Nigeria using secondary data covering the period 1960 to 2000. The study found among others that economic growth in Nigeria has been slightly pro-poor. That is, growth was actually weakly pro-poor. Also, those that are far below the poverty line have not really been enjoying the benefits of growth. Infact, the benefits getting to them has been decreasing at an increasing rate. And economic growth in rural areas will be slightly more pro-poor than in urban areas. Overall growth in Nigeria is not necessarily always pro-poor.

Keywords: economic growth; poverty (search for similar items in EconPapers)
JEL-codes: I32 I38 O47 (search for similar items in EconPapers)
Date: 2004
References: Add references at CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://www.beje.decon.ufpe.br/v6n1/lloyd.pdf Full text (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bej:issued:v:6:y:2004:i:1:lloyd

Ordering information: This journal article can be ordered from
http://www.beje.decon.ufpe.br/

Access Statistics for this article

Brazilian Electronic Journal of Economics is currently edited by Jose Ricardo Nogueira

More articles in Brazilian Electronic Journal of Economics from Department of Economics, Universidade Federal de Pernambuco Contact information at EDIRC.
Bibliographic data for series maintained by Jose Ricardo Nogueira ().

 
Page updated 2024-09-13
Handle: RePEc:bej:issued:v:6:y:2004:i:1:lloyd