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Poverty, Inequality, and Growth in the Philippines

Chapter

Abstract

Recent research suggests that economic growth is key to poverty reduction in developing countries. Some results indicate that the growth-poverty relationship is invariant to economic cycles, i.e., whether the economy is expanding or contracting (Dollar and Kraay 2001). From a policy perspective, this suggests that poverty reduction involves nothing more than creating an environment conducive to rapid economic growth. Indeed, Bhalla (2001) asserts that “growth is sufficient.”

Keywords

Capita Expenditure Poverty Reduction Income Growth Consumption Expenditure Farm Size 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Asian Development Bank 2003

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