Poverty Reduction in China and India: Policy Implications of Recent Trends
Jayati Ghosh
Working Papers from eSocialSciences
Abstract:
This paper compares the experience of poverty reduction in China and India. It finds that more than economic growth per se, what has mattered crucially is the nature of the growth: whether it is associated with growing inequalities that do not allow the benefits of growth to reach the poor; whether the structural change involved in the growth process generates sufficient opportunities for productive non-agricultural employment; whether basic needs and essential social services are provided. Government mediation of these and of global economic integration is important in determining different outcomes.
Keywords: Poverty; human poverty macroeconomic policies; structural change; China; India; poverty reduction; policy implications; trends; income inequality; poverty incidence; rural poverty ratio (search for similar items in EconPapers)
Date: 2015-08
Note: Institutional Papers
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Citations: View citations in EconPapers (5)
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Persistent link: https://EconPapers.repec.org/RePEc:ess:wpaper:id:7299
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