The Eternal Triangle of Growth, Inequality and Poverty Reduction
The Eternal Triangle of Growth, Inequality and Poverty Reduction
The Eternal Triangle of Growth, Inequality and Poverty Reduction
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Figure 5: Exp<strong>and</strong>ed Analyses on the <strong>Poverty</strong>-<strong>Growth</strong>-<strong>Inequality</strong> <strong>Triangle</strong><br />
Globalization<br />
Trade Integration<br />
Financial Integration<br />
HR Integration<br />
<strong>Growth</strong><br />
Increases in<br />
Mean Income Level<br />
Trade-<strong>of</strong>f ?<br />
Development Governance<br />
Institutions<br />
(country specific)<br />
<strong>Inequality</strong><br />
Distribution <strong>of</strong> Income<br />
Distribution <strong>of</strong> Assets<br />
Elasticity <strong>of</strong> <strong>Poverty</strong> <strong>Reduction</strong> 'Pro-Poor' Elasticity <strong>of</strong> <strong>Poverty</strong> <strong>Reduction</strong><br />
w.r.t. <strong>Growth</strong><br />
w.r.t. Distribution<br />
Globalization<br />
<strong>Poverty</strong><br />
<strong>Reduction</strong> in<br />
Absolute <strong>Poverty</strong><br />
Source: Author<br />
19<br />
Figure 6 : <strong>Poverty</strong> incidence in China <strong>and</strong> India, 1981-2001<br />
Source : Ravallion (2005), Figure 12<br />
20<br />
10
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