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Growth, Inequality, and PovertyProspects for Pro-poor Economic Development$
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Anthony Shorrocks and Rolph van der Hoeven

Print publication date: 2004

Print ISBN-13: 9780199268658

Published to Oxford Scholarship Online: April 2004

DOI: 10.1093/0199268657.001.0001

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Economic Policy, Distribution, and Poverty: The Nature of Disagreements

Economic Policy, Distribution, and Poverty: The Nature of Disagreements

(p.13) 1 Economic Policy, Distribution, and Poverty: The Nature of Disagreements
Growth, Inequality, and Poverty

Ravi Kanbur (Contributor Webpage)

Oxford University Press

The end of history lasted for such a short time. If the early 1990s raised hopes of a broad‐based consensus on economic policy for growth, equity, and poverty reduction, the late 1990s dashed them. The East Asian crisis and the Seattle debacle saw to that. In the year 2000, the governors of the World Bank, whose mission it is to eradicate poverty, could meet only under police protection, besieged by those who believe instead that the institution and the policies it espouses cause poverty. The street demonstrations in Prague, Seattle, and Washington DC, are one end of a spectrum of disagreement, which includes vigorous debate in the pages of the leading newspapers, passionate involvement of faith‐based organizations, and the genteel cut and thrust of academic discourse.

Keywords:   distribution, economic policy, globalization, growth, inequality, poverty, World Bank

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