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New Strategies for Development: Poverty, Income Distribution, and Growth

In: Development Perspectives

Author

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  • Frances Stewart
  • Paul Streeten

Abstract

It is now widely acknowledged that growth of GNP, conventionally measured, is unsatisfactory as the main target of development strategy and as the sole criterion of its success or failure. Among the many reasons why this is accepted, two have been singled out. First, many developing countries that have experienced rapid rates of growth of GNP have also and simultaneously generated increasing amounts of unemployment and underemployment. The growth rate of employment in the modern sector has been much slower than the growth rate of GNP, and much slower than the growth in numbers seeking modern sector jobs. Secondly, rapid growth in GNP has often been accompanied by a more unequal income distribution and increasing relative and, in some cases, absolute impoverishment of sections of the community. GNP has been ‘dethroned’ mainly because it fails to incorporate any measure of a country’s success in achieving fuller employment and a more even income distribution.

Suggested Citation

  • Frances Stewart & Paul Streeten, 1981. "New Strategies for Development: Poverty, Income Distribution, and Growth," Palgrave Macmillan Books, in: Development Perspectives, chapter 8, pages 148-174, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-05341-4_8
    DOI: 10.1007/978-1-349-05341-4_8
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    Cited by:

    1. James, J., 1983. "Role of appropriate technology in a redistributive development strategy," ILO Working Papers 992239733402676, International Labour Organization.
    2. Tarp, Finn, 1981. "Vækst og indkomstfordeling i udviklingslandene [Growth and Income Distribution in Developing Countries]," MPRA Paper 64174, University Library of Munich, Germany.
    3. Adelman, Irma, 1999. "Fallacies In Development Theory And Their Implications For Policy," CUDARE Working Papers 25005, University of California, Berkeley, Department of Agricultural and Resource Economics.
    4. Sen, Amartya,, 1978. "Three notes on the concept of poverty," ILO Working Papers 991757103402676, International Labour Organization.
    5. repec:ilo:ilowps:223973 is not listed on IDEAS
    6. Rodgers, Yana Van der Meulen & Cooley, Jane C., 1999. "Outstanding Female Economists in the Analysis and Practice of Development Economics," World Development, Elsevier, vol. 27(8), pages 1397-1411, August.

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