When is Economic Growth Pro-Poor? Experiences in Malaysia and Pakistan
May 1, 2002
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Summary
This paper focuses on two central issues related to the contrasting experiences of Malaysia and Pakistan regarding poverty reduction. First, it examines the structure of economic growth and its proximate determinants in the two countries, including the initial conditions, institutional changes, and macroeconomic policies. Second, it analyzes the links between economic growth and poverty reduction, particularly focusing on public policy mechanisms to reduce poverty and inequality. Malaysia, unlike Pakistan, was able to sustain rapid economic growth with equally impressive reduction in poverty because the governments included the poverty reduction goal in national development plans and pursued policies consistent with the twin goals.
Subject: Education, Income, National accounts, Population and demographics, Poverty, Poverty reduction
Keywords: a number of government policy, absolute poverty, Alliance government, budget deficit, development authorities, Economic Growth, foreign exchange, government bureaucracy, government intervention, government program, Income, inflation rate, labor market, land reform, Malaysia, Middle East, open economy, Pakistan, Poverty, Poverty reduction, poverty reduction program, private sector, structural adjustment, WP
Pages:
43
Volume:
2002
DOI:
Issue:
085
Series:
Working Paper No. 2002/085
Stock No:
WPIEA0852002
ISBN:
9781451850765
ISSN:
1018-5941
