When growth does – and does not

When growth does – and does not – reduce poverty

The document discusses the relationship between economic growth, private investment, and poverty reduction in developing countries, with a focus on rural and urban investments and social programs.

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Bergstrom (2022) finds that economic growth, as measured by the increase in national gross domestic product (GDP) per person, explains 90 per cent of the historical variation in poverty.

Paddy Carter • When growth does – and does not – reduce poverty