Poverty Reduction and Growth: Virtuous and Vicious Circles

by J. Humberto López, William F. Maloney, Guillermo E. Perry, et al.

That raising income levels alleviates poverty, and that economic growth can be more or less effective in doing so, is well known and has received renewed attention in the search for pro-poor growth. What is less well explored is the reverse channel: that poverty may, in fact, be part of the reason for a country's poor growth performance. This more elaborated view of the development process opens the door to the existence of vicious circles in which...

• Format: Paperback
• Language: English
• ISBN: 0821365118
• ISBN13: 9780821365113
• Release Date: February 2006
• Publisher: World Bank Publications
• Length: 221 Pages
• Weight: 1.27 lbs.
• Dimensions: 0.5" x 8.3" x 11.0"