Has India’s Economic Growth Become More Pro-Poor in the Wake of Economic Reforms?
The extent to which India's poor have benefited from the country's economic growth has long been debated. A new series of consumption-based poverty measures spanning 50 years, including a 15-year period after economic reforms began in earnest in the early 1990s, is used to examine that iss...
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okr-10986-134592021-04-23T14:03:08Z Has India’s Economic Growth Become More Pro-Poor in the Wake of Economic Reforms? Datt, Gaurav Ravallion, Martin distributional effects Economic Growth farm productivity global markets household surveys human capital human development impact on poverty inequality Poor poor people poverty line poverty measures poverty reduction rural rural economic growth rural growth rural poor rural poverty rural sector The extent to which India's poor have benefited from the country's economic growth has long been debated. A new series of consumption-based poverty measures spanning 50 years, including a 15-year period after economic reforms began in earnest in the early 1990s, is used to examine that issue. Growth has tended to reduce poverty, including in the postreform period. There is no robust evidence of more or less poverty responsiveness to growth since the reforms began, although there are signs of rising inequality. The impact of growth is higher when using poverty measures that reflect distribution below the poverty line and when using growth rates calculated from household surveys rather than national accounts. The urban-rural pattern of growth matters for the pace of poverty reduction. However, in marked contrast to the period before the reforms, urban economic growth in the period after the reforms has brought significant gains to the rural poor as well as the urban poor. 2013-05-20T17:18:23Z 2013-05-20T17:18:23Z 2011-05-31 Journal Article World Bank Economic Review 1564-698X http://hdl.handle.net/10986/13459 en_US World Bank Economic Review;25(2) CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank World Bank Journal Article India |
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World Bank |
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en_US |
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distributional effects Economic Growth farm productivity global markets household surveys human capital human development impact on poverty inequality Poor poor people poverty line poverty measures poverty reduction rural rural economic growth rural growth rural poor rural poverty rural sector |
spellingShingle |
distributional effects Economic Growth farm productivity global markets household surveys human capital human development impact on poverty inequality Poor poor people poverty line poverty measures poverty reduction rural rural economic growth rural growth rural poor rural poverty rural sector Datt, Gaurav Ravallion, Martin Has India’s Economic Growth Become More Pro-Poor in the Wake of Economic Reforms? |
geographic_facet |
India |
relation |
World Bank Economic Review;25(2) |
description |
The extent to which India's poor have benefited from the country's economic growth has long been debated. A new series of consumption-based poverty measures spanning 50 years, including a 15-year period after economic reforms began in earnest in the early 1990s, is used to examine that issue. Growth has tended to reduce poverty, including in the postreform period. There is no robust evidence of more or less poverty responsiveness to growth since the reforms began, although there are signs of rising inequality. The impact of growth is higher when using poverty measures that reflect distribution below the poverty line and when using growth rates calculated from household surveys rather than national accounts. The urban-rural pattern of growth matters for the pace of poverty reduction. However, in marked contrast to the period before the reforms, urban economic growth in the period after the reforms has brought significant gains to the rural poor as well as the urban poor. |
format |
Journal Article |
author |
Datt, Gaurav Ravallion, Martin |
author_facet |
Datt, Gaurav Ravallion, Martin |
author_sort |
Datt, Gaurav |
title |
Has India’s Economic Growth Become More Pro-Poor in the Wake of Economic Reforms? |
title_short |
Has India’s Economic Growth Become More Pro-Poor in the Wake of Economic Reforms? |
title_full |
Has India’s Economic Growth Become More Pro-Poor in the Wake of Economic Reforms? |
title_fullStr |
Has India’s Economic Growth Become More Pro-Poor in the Wake of Economic Reforms? |
title_full_unstemmed |
Has India’s Economic Growth Become More Pro-Poor in the Wake of Economic Reforms? |
title_sort |
has india’s economic growth become more pro-poor in the wake of economic reforms? |
publisher |
World Bank |
publishDate |
2013 |
url |
http://hdl.handle.net/10986/13459 |
_version_ |
1764423552254083072 |