Is Growth Incomplete without Social Progress? by Ejaz Ghani

The geography of poverty and social deprivation has changed dramatically over the last two decades. More than 70% of the world’s poor now live in middle-income countries. This pattern, likely to continue into the next decade, raises important questions. Have poverty reduction and human development kept up with income growth? Is growth incomplete without social progress and gender-inclusiveness? Full Story »

Posted by Sirajul Islam

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Sirajul Islam
3.8
by Sirajul Islam - May. 8, 2011

The question the World Bank's poverty reduction expert raised is valid. However, he himself answered the question. The article's target is India, as I've understood it. Growth has been instrumental in reducing poverty and improving social outcomes in many countries, but poverty rates and social outcomes have not improved fast enough to reduce the total number of people living in misery in those countries. Actually, a development strategy that promotes growth first, and only then deals with human misery, is proved to be wrong.

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