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Working Hard, Working PoorA Global Journey$
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Gary S. Fields

Print publication date: 2011

Print ISBN-13: 9780199794645

Published to Oxford Scholarship Online: January 2012

DOI: 10.1093/acprof:oso/9780199794645.001.0001

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Growth, Trade, and Aid

Growth, Trade, and Aid

Chapter:
(p.101) 7 Growth, Trade, and Aid
Source:
Working Hard, Working Poor
Author(s):

Gary S. Fields

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199794645.003.0007

This chapter demonstrates that economic growth and international trade have made an enormous contribution to reducing poverty. It shows too that the labor market serves as a crucial link between economic growth and poverty reduction. It sums up lessons on what helps economic growth and what hurts it. It considers ways in which trade can be made fairer, not just freer. And finally, it shows how international assistance, if increased in amount and changed in character, can make a big positive difference to the working lives of the poor.

Keywords:   economic growth, international trade, poverty reduction, free trade, fair trade, international assistance

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