2016 - Franco Angeli
Articolo
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The path dependency of poverty reduction policies
21-42 p.
- The evolutionary paths followed by poverty reduction policies in the advanced and in the developing countries have been quite different. The paper endorses the view whereby the higher is the initial level of income inequality in a country, the less the subsequent GDP growth is bound to "trickle down" to the poor. Due to the perverse interplay between growth, income inequality and inequality of opportunity, the tight correlation between material and non-material conditions of life often prevents low-income countries to reduce the size and the intensity of poverty. After the low-income countries' involvement in globalization, the construction of indices of multidimensional poverty is taken as decisive by international organizations to carefully design anti-poverty aid policies by taking into account the specific characteristics of the area of intervention.
Fa parte di
History of Economic Thought and Policy : 1, 2016-
Informazioni
Codice DOI: 10.3280/SPE2016-001002
ISSN: 2280-188X
PAROLE CHIAVE
- Poverty, inequality, welfare state, international aid.
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Nello stesso fascicolo
- A. C. Pigou and the Real Purpose of the 1924-25 Committee on the Currency and Bank of England Note Issues
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- The Converging and Diverging Views of Wilhelm von Humboldt and John Stuart Mill on the Subjects of Self-development and the Role of the State
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