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Growth, Inequality, and Poverty

Anthony Shorrocks Rolph van der Hoeven
Price: $ 98

'There is no more important issue in development economics and perhaps even for the future of mankind than the interrelationship among growth, inequality and poverty. This is a very important book which goes a long way in clarifying this interrelationship and outlining the elements of a pro-poor development strategy.' -Erik Thorbecke Cornell University

'In this well researched and excellently edited study an array of experts analyzes the relationships between poverty, inequality and growth. Although there is disagreement on many issues, there is growing agreement that poverty reduction and greater equality are not only desirable in themselves but are also good for economic growth.' -Paul Streeten, Professor Emeritus of Economics, Boston University, and chair of the Board of World Development

This is a collection of papers examining the pressing issue of increasing inequality in the distribution of income in developing countries. While economic growth is a prerequisite for a sustained reduction in poverty, policies aimed at raising growth rates are often associated with a range of adverse short term effects, including rising unemployment, greater economic insecurity, environmental degradation and the weakening of traditional social safety nets. Pro-poor growth strategies attempt to address these short term problems. But the ideal mix of policies, and their impact on the prospects for poverty reduction in the longer run, remain controversial topics. Growth, Inequality and Poverty comprises many of the most important contributions to the current debate.

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