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Strategies for Growth and Poverty Alleviation

image of Strategies for Growth and Poverty Alleviation

This paper was prepared in an attempt to build consensus on the factors behind East Asia’s economic success and to formulate best practice lessons for Commonwealth developing countries. The principle development issues analysed include: trade and industrial policy, growth, macroeconomic strategies, human development and poverty reduction.

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Anti-Poverty Strategies: Growth, Employment and Human Development

Economic growth and employment generation are essential for sustainable human development and poverty alleviation. Growth, because few societies can afford the required social provision without it, and because it is usually essential to employment generation; employment, because it provides necessary incomes, and also gives incentives to individuals and families to invest in their own human capital. A strategy for growth, employment and human development is an antipoverty strategy; a strategy for growth on its own might not be.

English

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