Growth, Development Policy,Job Creation and Poverty Reduction

Lance Taylor

Working Papers from United Nations, Department of Economics and Social Affairs

Abstract: Policies seeking to directly help the poor have an important role to play. But without sustained growth in per capita output and significant job creation, they will not succeed. Policies promoting growth have been suggested, most notably by avoiding pro-cyclical responses to macroeconomic shocks (especially from abroad), steering macroeconomic prices, such as exchange and interest rates, to support developmental objectives, pursuing industrial and trade policies involving increasing returns, promoting financial development, and making productive use of foreign aid. Ensuring national economies have sufficient policy space to achieve sustained growth and structural change should be the over-riding policy concern.

Keywords: Macroeconomic policy; development policy; economic growth; poverty reduction; employment; job creation. (search for similar items in EconPapers)
JEL-codes: I30 O10 (search for similar items in EconPapers)
Pages: 18 pages
Date: 2009-12
New Economics Papers: this item is included in nep-fdg and nep-pke
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://www.un.org/esa/desa/papers/2009/wp90_2009.pdf (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:une:wpaper:90

Access Statistics for this paper

More papers in Working Papers from United Nations, Department of Economics and Social Affairs Contact information at EDIRC.
Bibliographic data for series maintained by Aimee Gao ().