IDEAS home Printed from https://ideas.repec.org/p/une/wpaper/90.html
   My bibliography  Save this paper

Growth, Development Policy,Job Creation and Poverty Reduction

Author

Listed:
  • Lance Taylor

Abstract

Policies seeking to directly help the poor have an important role to play. But without sustained growth in per capita output and significant job creation, they will not succeed. Policies promoting growth have been suggested, most notably by avoiding pro-cyclical responses to macroeconomic shocks (especially from abroad), steering macroeconomic prices, such as exchange and interest rates, to support developmental objectives, pursuing industrial and trade policies involving increasing returns, promoting financial development, and making productive use of foreign aid. Ensuring national economies have sufficient policy space to achieve sustained growth and structural change should be the over-riding policy concern.

Suggested Citation

  • Lance Taylor, 2009. "Growth, Development Policy,Job Creation and Poverty Reduction," Working Papers 90, United Nations, Department of Economics and Social Affairs.
    • Handle: RePEc:une:wpaper:90
    as

    Download full text from publisher

    File URL: http://www.un.org/esa/desa/papers/2009/wp90_2009.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Charles P. Kindleberger & Robert Z. Aliber, 2005. "Manias, Panics and Crashes," Palgrave Macmillan Books, Palgrave Macmillan, edition 0, number 978-0-230-62804-5, December.
    2. Roberto Frenkel & Lance Taylor, 2006. "Real Exchange Rate, Monetary Policy and Employment," Working Papers 19, United Nations, Department of Economics and Social Affairs.
    3. Erik S. Reinert, 2006. "Development and Social Goals: Balancing Aid and Development to Prevent ‘Welfare Colonialism’," Working Papers 14, United Nations, Department of Economics and Social Affairs.
    4. Codrina Rada, 2007. "A growth model for a two-sector economy with endogenous productivity," Working Papers 44, United Nations, Department of Economics and Social Affairs.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Richard J. Estes & M. Joseph Sirgy, 2019. "Global Advances in Quality of Life and Well-Being: Past, Present, and Future," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 141(3), pages 1137-1164, February.
    2. van der Hoeven, Rolph, 2012. "Development Aid and Employment," WIDER Working Paper Series 107, World Institute for Development Economic Research (UNU-WIDER).
    3. Rolph van der Hoeven, 2012. "Development Aid and Employment," WIDER Working Paper Series wp-2012-107, World Institute for Development Economic Research (UNU-WIDER).
    4. David Kucera & Marco Principi, 2014. "Democracy and foreign direct investment at the industry level: evidence for US multinationals," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 150(3), pages 595-617, August.
    5. Joshua Greenstein, 2015. "New patterns of structural change and effects on inclusive development: A case study of South Africa and Brazil," WIDER Working Paper Series wp-2015-006, World Institute for Development Economic Research (UNU-WIDER).
    6. Kucera, David, & Roncolato, Leanne., 2012. "Structure matters : sectoral drivers of growth and the labour productivity-employment relationship," ILO Working Papers 994717343402676, International Labour Organization.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Paulo M.M. Rodrigues & Rita Fradique Lourenço, 2015. "House prices: bubbles, exuberance or something else? Evidence from euro area countries," Working Papers w201517, Banco de Portugal, Economics and Research Department.
    2. Hertrich Markus, 2019. "A Novel Housing Price Misalignment Indicator for Germany," German Economic Review, De Gruyter, vol. 20(4), pages 759-794, December.
    3. Engelbert Stockhammer & Paul Ramskogler, 2009. "Post-Keynesian economics How to move forward," European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 6(2), pages 227-246.
    4. Farla, Kristine, 2012. "Institutions and credit," MERIT Working Papers 2012-038, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    5. Schwäbe, Carsten, 2013. "Unkonventionelle Geldpolitik: Warum die Europäische Zentralbank ihre Unabhängigkeit nicht verloren hat," CIW Discussion Papers 3/2013, University of Münster, Center for Interdisciplinary Economics (CIW).
    6. Codrina Rada & Lance Taylor, 2006. "Developing and Transition Economies in the Late 20th Century: Diverging Growth Rates, Economic Structures, and Sources of Demand," Working Papers 34, United Nations, Department of Economics and Social Affairs.
    7. Richard Nielsen, 2013. "Whistle-Blowing Methods for Navigating Within and Helping Reform Regulatory Institutions," Journal of Business Ethics, Springer, vol. 112(3), pages 385-395, February.
    8. Julia, Knolle, 2014. "An Empirical Comparison of Interest and Growth Rates," MPRA Paper 59520, University Library of Munich, Germany.
    9. Ulrich van Suntum, "undated". "Economic Confidence, Negative Interest Rates, and Liquidity: Towards Keynesianism 2.0," Working Papers 200108, Institute of Spatial and Housing Economics, Munster Universitary.
    10. Gala, Paulo & Libânio, Gilberto, 2010. "Exchange rate policies, patterns of specialization and economic development: theory and evidence in developing countries," Textos para discussão 211, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).
    11. Alberto Russo & Luca Riccetti & Mauro Gallegati, 2016. "Increasing inequality, consumer credit and financial fragility in an agent based macroeconomic model," Journal of Evolutionary Economics, Springer, vol. 26(1), pages 25-47, March.
    12. Omokolade Akinsomi & Yener Coskun & Rangan Gupta & Chi Keung Marco Lau, 2016. "Impact of Volatility and Equity Market Uncertainty on Herd Behavior: Evidence from UK REITs," Working Papers 201688, University of Pretoria, Department of Economics.
    13. Sergio Cesaratto, 2012. "Controversial and novel features of the Eurozone crisis as a balance of payment crisis," Department of Economics University of Siena 640, Department of Economics, University of Siena.
    14. Benati, Luca, 2021. "Leaning against house prices: A structural VAR investigation," Journal of Monetary Economics, Elsevier, vol. 118(C), pages 399-412.
    15. Michael Demmler & Amilcar Orlian Fernández Domínguez, 2021. "Bitcoin and the South Sea Company: A comparative analysis," Revista Finanzas y Politica Economica, Universidad Católica de Colombia, vol. 13(1), pages 197-224, March.
    16. Giesecke, Kay & Longstaff, Francis A. & Schaefer, Stephen & Strebulaev, Ilya, 2011. "Corporate bond default risk: A 150-year perspective," Journal of Financial Economics, Elsevier, vol. 102(2), pages 233-250.
    17. Emmanuel Laffort & Emmanuelle Cargnello-Charles, 2014. "Reducing the Risk of Fraud in Financial Market: Psychosocial Drivers and Enactment-Based Perspective," Post-Print hal-02010166, HAL.
    18. Gavronski, Pedro Gerhardt & Ziegelmann, Flavio A., 2021. "Measuring systemic risk via GAS models and extreme value theory: Revisiting the 2007 financial crisis," Finance Research Letters, Elsevier, vol. 38(C).
    19. van Suntum, Ulrich, 2009. "Economic confidence, negative interest rates, and liquidity: Towards Keynesianism 2.0," CAWM Discussion Papers 24, University of Münster, Münster Center for Economic Policy (MEP).
    20. F. Cavalli & A. Naimzada & N. Pecora & M. Pireddu, 2021. "Market sentiment and heterogeneous agents in an evolutive financial model," Journal of Evolutionary Economics, Springer, vol. 31(4), pages 1189-1219, September.

    More about this item

    Keywords

    Macroeconomic policy; development policy; economic growth; poverty reduction; employment; job creation.;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • I30 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:une:wpaper:90. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Aimee Gao (email available below). General contact details of provider: https://edirc.repec.org/data/desunus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.