Poverty Reduction and Growth – Virtuous and Vicious Circles
Virtuous and Vicious Circles
Series: Latin America And Caribbean Studies;
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Product details:
- Publisher MP–WBK World Bank Group Publ
- Date of Publication 1 February 2006
- Number of Volumes Paperback
- ISBN 9780821365113
- Binding Paperback
- No. of pages238 pages
- Size 278x211x13 mm
- Weight 580 g
- Language English 0
Categories
Short description:
That raising income levels alleviates poverty, and that growth can be more or less effective in doing so, is well known. 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 report is about the existence of these vicious circles in Latin America.
MoreLong description:
That raising income levels alleviates poverty, and that 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 report is about the existence of these vicious circles in Latin America and about the alternatives to convert them into virtuous circles in which poverty reduction and high growth reinforce each other.
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