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Poverty and Policy in the Developing World: Before and After the Pandemic

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  • Quibria, M.G.

Abstract

Poverty and Policy in the Developing World: Before and After the Pandemic By M.G. Quibria, Morgan State University This paper begins with the definition, measurement and other conceptual issues related to poverty in the developing world. It then makes an international comparison of experiences in poverty alleviation —how various countries and regions have fared in alleviating poverty before the Covid-19 Pandemic. The next section reviews the effectiveness of various approaches to poverty reduction, which are grouped under two broad headings: inclusive growth and redistributive policies to empower the poor. Under inclusive growth, it reviews the various strategies of growth in alleviating. In particular, it draws on the experiences of successful Asian countries and examines the salience of different policies and strategies such outward-orientation, domestic liberalization and investments in physical infrastructure. It then examines the role of various redistributive policies, which include investments in human capital, land reform, microcredit, and income transfer and safety net programs. The article concludes with some prognostications about the effectiveness of various policies and strategies in the post-pandemic developing world.

Suggested Citation

  • Quibria, M.G., 2020. "Poverty and Policy in the Developing World: Before and After the Pandemic," MPRA Paper 104240, University Library of Munich, Germany, revised 15 Oct 2020.
    • Handle: RePEc:pra:mprapa:104240
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    References listed on IDEAS

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    1. Teresa Molina Millán & Tania Barham & Karen Macours & John A Maluccio & Marco Stampini, 2019. "Long-Term Impacts of Conditional Cash Transfers: Review of the Evidence," The World Bank Research Observer, World Bank, vol. 34(1), pages 119-159.
    2. Quibria, M.G., 2003. "The Puzzle of Social Capital: A Critical Review," MPRA Paper 2640, University Library of Munich, Germany, revised 2003.
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    6. Dani Rodrik, 2007. "Introductiion to One Economics, Many Recipes: Globalization, Institutions, and Economic Growth," Introductory Chapters, in: One Economics, Many Recipes: Globalization, Institutions, and Economic Growth, Princeton University Press.
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    9. Pernia, Ernesto M. & Quibria, M.G., 1999. "Poverty in developing countries," Handbook of Regional and Urban Economics, in: P. C. Cheshire & E. S. Mills (ed.), Handbook of Regional and Urban Economics, edition 1, volume 3, chapter 45, pages 1865-1934, Elsevier.
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    12. M. G. Quibria, 2012. "Microcredit and Poverty Alleviation: Can Microcredit Close the Deal?," WIDER Working Paper Series wp-2012-078, World Institute for Development Economic Research (UNU-WIDER).
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    17. Quibria, M. G., 2012. "Microcredit and Poverty Alleviation: Can Microcredit Close the Deal?," WIDER Working Paper Series 078, World Institute for Development Economic Research (UNU-WIDER).
    18. Angus Deaton, 2005. "ERRATUM: Measuring Poverty in a Growing World (or Measuring Growth in a Poor World)," The Review of Economics and Statistics, MIT Press, vol. 87(2), pages 395-395, May.
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    More about this item

    Keywords

    poverty alleviation; openness; governance; microcredit; developing Asia and RCTs;
    All these keywords.

    JEL classification:

    • I32 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - Measurement and Analysis of Poverty
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy

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