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Poverty Reduction with Growth and Redistribution
Author(s) -
Dagdeviren Hulya,
Van Der Hoeven Rolph,
Weeks John
Publication year - 2002
Publication title -
development and change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.267
H-Index - 93
eISSN - 1467-7660
pISSN - 0012-155X
DOI - 10.1111/1467-7660.00260
Subject(s) - poverty reduction , redistribution (election) , poverty , economics , development economics , redistribution of income and wealth , developing country , economic growth , political science , politics , law , unemployment
In the late 1990s the bilateral and multilateral development agencies placed increasing emphasis on poverty reduction in developing countries. This led to the establishment by the United Nations of the ‘International Development Targets’ for poverty reduction. The target of poverty reduction might be achieved through faster economic growth alone, through redistribution, or through a combination of the two. This article presents an analytical framework to assess the effectiveness of growth and redistribution for poverty reduction. It concludes that redistribution, either of current income or the growth increment of income, is more effective in reducing poverty for a majority of countries than growth alone.