Inequality and the Fragility of Growth
Jonathan Ostry () and
Post-Print from HAL
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.
Keywords: Mathematical Methods; Public Choice; Spatial Science; Financial Economics (search for similar items in EconPapers)
Note: View the original document on HAL open archive server: https://halshs.archives-ouvertes.fr/halshs-01379314
References: Add references at CitEc
Citations: Track citations by RSS feed
Published in Kaushik Basu; Joseph E. Stiglitz Inequality and Growth: Patterns and Policy., 2, Palgrave Macmillan, 2016, Regions and Regularities, ⟨10.1057/9781137554598⟩
There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.
Working Paper: Inequality and the Fragility of Growth (2016)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:hal:journl:halshs-01379314
Access Statistics for this paper
More papers in Post-Print from HAL
Bibliographic data for series maintained by CCSD ().