The Nexus Of Economic Growth Employment And Poverty Reduction

"A study prepared by the United Nations University World Institute for Development Economics Research (UNU-WIDER)."

While it has become abundantly clear that neither overall economic growth nor targeted microlevel interventions inevitably reduce poverty in developing countries, much of the development literature continues to focus on these two approaches. Exploring a third, and more promising, avenue, Fighting Poverty offers a systematic analysis of the link between employment and pro-poor economic growth.The authors provide both conceptual frameworks and rich empirical evidence to demonstrate precisely how employment can serve to link growth with poverty reduction. They include in-depth case studies of Bangladesh, Bolivia, Ethiopia, India, Indonesia, Uganda, and Vietnam.Rizwanul Islam is director of the Employment Strategy Department of the International Labour Organization.Contents: Introduction?R. Islam. Exploring the Employment Nexus: The Analytics of Pro-Poor Growth?S.R. Osmani. The Nexus of Economic Growth, Employment, and Poverty Reduction: An Empirical Analysis?R. Islam. Employment Policies for Poverty Reduction?A. Rahman. Bangladesh: Linkages Between Economic Growth, Employment, and Poverty?R.I. Rahman and M.N. Islam. Bolivia: Employment-Poverty Linkages and Policies?L.C. Jemio and M. del Carmen Choque. Ethiopia: Growth, Employment, Poverty, and Policies?M. Demeke, F. Guta, and T. Ferede. India: Employment-Poverty Linkages and Policy Options?K. Sundaram and S.D. Tendulkar. Indonesia: Poverty, Employment, and Wages?I. Islam. Uganda: Economic Growth, Employment, Poverty, and Pro-Poor Policies?K.I.B. Kabananukye, A.E.K. Kabananukye, J. Krishnamurty, and D. Owomugasho. Vietnam: Employment Poverty Linkages and Policies for Pro-Poor Growth?Pham Lan Huong, Bui Quang Tuan, and Dinh Hien Minh. Conclusion?R. Islam.

Provides an understanding of economic policies for poverty reduction in developing countries. The policy areas include the various roles of government in ensuring the effective operation of a market economy, conducting fiscal policy, and influencing the money supply, exchange rates, and the financial sector.

This work examines the links between economic growth, changing employment conditions, and the reduction of poverty in Latin America in the 2000s.

Economic growth is the most important determinant of poverty reduction. But countries with similar rates of growth can experience different poverty reduction rates.