Poverty, human development and growth : an emerging consensus?

This paper considers several issues relevant to the debate on the extent to which poverty, or development progress in general, should be measured by income or by a broader set of objectives. Issues covered here are: practical implications of the two approaches for poverty reduction efforts; the impact of growth on basic social indicators; and how national achievement on social indicators is best measured. Sri Lanka and Pakistan, countries often cited in this debate, are used as examples.

[1]  R. Solow A Contribution to the Theory of Economic Growth , 1956 .

[2]  Z. Griliches HYBRID CORN: AN EXPLORATION IN THE ECONOMIC OF TECHNOLOGICAL CHANGE , 1957 .

[3]  A. Marshall,et al.  Principles of Economics , 1891 .

[4]  E. Mansfield Industrial research and technological innovation , 1968 .

[5]  Sanford J. Grossman ON THE EFFICIENCY OF COMPETITIVE STOCK MARKETS WHERE TRADES HAVE DIVERSE INFORMATION , 1976 .

[6]  T. Schelling Micromotives and Macrobehavior , 1978 .

[7]  P. Streeten From growth to basic needs. , 1979, Finance & development.

[8]  R. Radner Rational Expectations Equilibrium: Generic Existence and the Information Revealed by Prices , 1979 .

[9]  David Schmeidler,et al.  Walrasian Analysis via Strategic Outcome Functions , 1980 .

[10]  P. Isenman Basic needs: the case of Sri Lanka. , 1980 .

[11]  Sanford J. Grossman On the Impossibility of Informationally Efficient Markets , 1980 .

[12]  Amartya Sen,et al.  Public action and the quality of life in developing countries. , 2009, Oxford bulletin of economics and statistics.

[13]  Douglas Gale,et al.  Bargaining and Competition Part I: Characterization , 1986 .

[14]  Surjit S. Bhalla Growth and Equity in Developing Countries: A Reinterpretation of the Sri Lankan Experience , 1986 .

[15]  S. Anand,et al.  Public policy and basic needs provision : intervention and achievement in Sri Lanka , 1987 .

[16]  R. Lucas On the Mechanics of Economic Development , 1988 .

[17]  The State of Economic Science , 1989 .

[18]  Martin Ravallion,et al.  Human Development in Poor Countries: On the Role of Private Incomes and Public Services , 1993 .

[19]  N. Kakwani Performance in living standards: An international comparison , 1993 .

[20]  T. N. Srinivasan,et al.  Human Development: A New Paradigm or Reinvention of the Wheel? , 1994 .

[21]  Paul Streeten,et al.  Human Development: Means and Ends , 1995 .

[22]  Joshua Cohen,et al.  Review of "Inequality Reexamined" by Amartya Sen , 1995 .