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Growth, Inequality, and Poverty Reduction in Developing Countries: Recent Global Evidence

Augustin Fosu ()

No 1, WIDER Working Paper Series from World Institute for Development Economic Research (UNU-WIDER)

Abstract: The study presents recent global evidence on the transformation of economic growth to poverty reduction in developing countries, with emphasis on the role of income inequality. The focus is on the period since the early/mid-1990s when growth in these countries as a group has been relatively strong, surpassing that of the advanced economies. Both regional and country-specific data are analysed for the US$1.25 and US$2.50 level poverty headcount ratios using the most recent World Bank data. The study finds that on average income growth has been the major driving force behind both the declines and increases in poverty. The study, however, documents substantial regional and country differences that are masked by this ‘average’ dominant growth story.

Keywords: growth; inequality; poverty; developing countries (search for similar items in EconPapers)
Date: 2011
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http://www.wider.unu.edu/sites/default/files/wp2011-001.pdf

Related works:
Journal Article: Growth, inequality, and poverty reduction in developing countries: Recent global evidence (2017) Downloads
Working Paper: Growth, inequality, and poverty reduction in developing countries: recent global evidence (2011) Downloads
Working Paper: Growth, Inequality, and Poverty Reduction in Developing Countries: Recent Global Evidence (2011) Downloads
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