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Understanding Growth and Poverty : Theory, Policy, and Empirics

Author

Listed:
  • Raj Nallari
  • Breda Griffith

Abstract

This volume is an introduction to the theories and policies that affect economic growth and poverty. It is a compilation of lecture notes used in face-to-face and e-learning courses presented by the World Bank Institute's (WBI) Poverty Program during 2004-08. The volume is divided into three parts. Part one discusses basic concepts and measurement issues pertaining to poverty, national income, and economic growth. Part two deals with the macroeconomic policies that are critical for economic growth in the short term. It covers government enforced fiscal and exchange-rate policies and the roles of financial institutions, development assistance (or aid), debt relief, and trade policies. Part three covers the structural and sectoral policies that affect longer-term economic growth and poverty reduction. To underscore the impact of good governance and effective service delivery in growth and poverty reduction, separate chapters are devoted to institutional and technological development, education, health, labor, and land. The volume ends with a chapter that summarizes knowledge of growth theory, reviews the process of growth in 13 successful countries, and draws out implications for other developing countries. The authors hope that this chapter may be of help to policy makers in identifying the constraints to economic growth and development that may be unique to each country.

Suggested Citation

  • Raj Nallari & Breda Griffith, 2011. "Understanding Growth and Poverty : Theory, Policy, and Empirics," World Bank Publications - Books, The World Bank Group, number 2281.
    • Handle: RePEc:wbk:wbpubs:2281
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    File URL: https://openknowledge.worldbank.org/bitstream/handle/10986/2281/600570PUB0REPL10Box358306B01PUBLIC1.pdf?sequence=1
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    References listed on IDEAS

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    3. Hartwick, John M, 1977. "Intergenerational Equity and the Investing of Rents from Exhaustible Resources," American Economic Review, American Economic Association, vol. 67(5), pages 972-974, December.
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    6. Mendelsohn, Robert & Dinar, Ariel & Williams, Larry, 2006. "The distributional impact of climate change on rich and poor countries," Environment and Development Economics, Cambridge University Press, vol. 11(2), pages 159-178, April.
    7. Melissa Dell & Benjamin F. Jones & Benjamin A. Olken, 2008. "Climate Change and Economic Growth: Evidence from the Last Half Century," NBER Working Papers 14132, National Bureau of Economic Research, Inc.
    8. Horowitz, John, 2001. "The Income-Temperature Relationship in a Cross-Section of Countries and Its Implications for Global Warming," Working Papers 197598, University of Maryland, Department of Agricultural and Resource Economics.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Francesco Farina, 2015. "Development theory and poverty. A review," Working Papers 46-2015, Macerata University, Department of Studies on Economic Development (DiSSE), revised Jan 2015.
    2. Mungroo, Albert & Ooft, Gavin & Tjon Kie Sim-Balker, Peggy, 2014. "Government Expenditure in Suriname: A Stimulus or Impediment to Growth," EconStor Preprints 215531, ZBW - Leibniz Information Centre for Economics.
    3. Jun Fan & Sichuan Luo & Attachai Jintrawet & Xingming Fan & Ruijia Guo, 2022. "A Framework of Development-Oriented Poverty Alleviation Implementation Projects in Rural China: The Case of Jinggu County," Agriculture, MDPI, vol. 12(9), pages 1-19, September.
    4. Srdjana Dragomirovic, 2012. "Competitive analysis of economic development of Serbia and EU depending on the possibility of using strategy Europe: 2020 in Serbia," Review of Applied Socio-Economic Research, Pro Global Science Association, vol. 4(2), pages 79-86, Decembre.
    5. Folorunsho M. Ajide & James T. Dada, 2023. "Poverty, entrepreneurship, and economic growth in Africa," Poverty & Public Policy, John Wiley & Sons, vol. 15(2), pages 199-226, June.
    6. Patrick Omoruyi Eke & Alexander Ehimare Omankhanlen, 2019. "Public-Private Partnership and Financial Structure Development: Cointegration Lessons for selected sub-Sahara African Economies," Annals of Economics and Finance, Society for AEF, vol. 20(2), pages 783-802, November.
    7. Juliane Erbach, 2014. "The decency of women’s working conditions in peri-urban dairy buffalo production systems in the District Faisalabad, Punjab, Pakistan," ICDD Working Papers 10, University of Kassel, Fachbereich Gesellschaftswissenschaften (Social Sciences), Internatioanl Center for Development and Decent Work (ICDD).
    8. Amaral, Amaury S. & Camargo, Victor E. & Crepaldi, Antônio F. & Ferreira, Fernando F., 2022. "Interaction between economies in a business cycle model," Chaos, Solitons & Fractals, Elsevier, vol. 155(C).

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