Introduction and key messages

authored by

Stephan Klasen, Hermann Waibel

Abstract

In many ways, the last ten years have been rather good for developing countries. Average income growth rates have been quite high - in fact, substantially higher than in industrialized countries - and absolute income poverty has come down substantially (Chen and Ravallion, 2010). While much of this success in reducing poverty is related to particularly high growth rates in some populous Asian economies (including China, India, Indonesia, and Vietnam), substantial rates of per capita growth and associated poverty reduction has been experienced in the majority of countries from all regions. Even in Sub-Saharan Africa, growth has been higher than in rich countries, and poverty rates have started to come down, albeit only slowly and from a very high level (Bourguignon et al., 2008).

Organisation(s)

Institute of Development and Agricultural Economics

External Organisation(s)

University of Göttingen

Type

Contribution to book/anthology

Pages

1-14

No. of pages

14

Publication date

01.01.2016

Publication status

Published

Peer reviewed

Yes

ASJC Scopus subject areas

Economics, Econometrics and Finance(all), Business, Management and Accounting(all), Social Sciences(all)

Sustainable Development Goals

SDG 1 - No Poverty

Electronic version(s)

https://doi.org/10.1057/9780230306622_1 (Access: Closed)