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The twin challenges of reducing poverty and creating employment

image of The twin challenges of reducing poverty and creating employment
This publication is based on papers presented at two Expert Group Meetings (jointly organized by DSPD and the ILO) that brought together specialists to undertake a review of progress in eradicating poverty and to analyse policy responses to the global jobs crisis in different countries and regions of the world. It calls for a reorientation of macroeconomic policies from the current heavy emphasis on short-term stability to the promotion of sustained, inclusive and equitable growth. It further stresses the need for the integration of social and economic policies to enable the attainment of people-centred development outcomes.

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Governance, development and poverty eradication

For over a decade now, the international policy discourse has been premised on the thesis that development equals poverty reduction or poverty eradication. This is particularly strongly stated in the United Nations Millennium Development Goals (MDGs) which target improvement in human welfare and the human condition. While approaching the finish line for this bold international project to tackle poverty on a global scale, it has also become clear that (a) development is more complex than just poverty reduction, (b) poverty reduction itself is a contested practice, and (c) governance, as the critical process variable in this context, has differential impact depending on the socioeconomic, that is, developmental conditions of particular countries.

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