A Comparative Perspective on Poverty Reduction in Brazil, China, and India
Brazil, China, and India have seen falling poverty in their reform periods, but to varying degrees and for different reasons. History left China with favorable initial conditions for rapid poverty reduction through market-led economic growth; at the outset of the reform process there were many disto...
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| Format: | Journal Article |
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World Bank
2013
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| Online Access: | http://hdl.handle.net/10986/13499 |
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okr-10986-134992021-04-23T14:03:08Z A Comparative Perspective on Poverty Reduction in Brazil, China, and India Ravallion, Martin consumption expenditures economic growth household consumption household income household surveys human development income income distribution inequality international poverty line macroeconomic stability national poverty national poverty lines poor poor people poverty headcount index poverty line poverty measures poverty reduction social policies Brazil, China, and India have seen falling poverty in their reform periods, but to varying degrees and for different reasons. History left China with favorable initial conditions for rapid poverty reduction through market-led economic growth; at the outset of the reform process there were many distortions to be removed and a relatively low inequality of access to the opportunities so created, though inequality has risen markedly since. By concentrating such opportunities in the hands of the better off, prior inequalities in various dimensions handicapped poverty reduction in both Brazil and India. Brazil's recent success in complementing market-oriented reforms with progressive social policies has helped it achieve a higher proportionate rate of poverty reduction than India, although Brazil has been less successful in terms of economic growth. In the wake of its steep rise in inequality, China might learn from Brazil's success with such policies. India needs to do more to assure that poor people are able to participate in both the country's growth process and its social policies; here there are lessons from both China and Brazil. All three countries have learned how important macroeconomic stability is to poverty reduction. 2013-05-21T17:17:43Z 2013-05-21T17:17:43Z 2011-07-02 Journal Article World Bank Research Observer 1564-6971 doi;10.1093/wbro/lkp031 http://hdl.handle.net/10986/13499 en_US World Bank Research Observer;26(1) CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo/ World Bank World Bank Journal Article Brazil China India |
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Digital Repository |
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Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
en_US |
| topic |
consumption expenditures economic growth household consumption household income household surveys human development income income distribution inequality international poverty line macroeconomic stability national poverty national poverty lines poor poor people poverty headcount index poverty line poverty measures poverty reduction social policies |
| spellingShingle |
consumption expenditures economic growth household consumption household income household surveys human development income income distribution inequality international poverty line macroeconomic stability national poverty national poverty lines poor poor people poverty headcount index poverty line poverty measures poverty reduction social policies Ravallion, Martin A Comparative Perspective on Poverty Reduction in Brazil, China, and India |
| geographic_facet |
Brazil China India |
| relation |
World Bank Research Observer;26(1) |
| description |
Brazil, China, and India have seen falling poverty in their reform periods, but to varying degrees and for different reasons. History left China with favorable initial conditions for rapid poverty reduction through market-led economic growth; at the outset of the reform process there were many distortions to be removed and a relatively low inequality of access to the opportunities so created, though inequality has risen markedly since. By concentrating such opportunities in the hands of the better off, prior inequalities in various dimensions handicapped poverty reduction in both Brazil and India. Brazil's recent success in complementing market-oriented reforms with progressive social policies has helped it achieve a higher proportionate rate of poverty reduction than India, although Brazil has been less successful in terms of economic growth. In the wake of its steep rise in inequality, China might learn from Brazil's success with such policies. India needs to do more to assure that poor people are able to participate in both the country's growth process and its social policies; here there are lessons from both China and Brazil. All three countries have learned how important macroeconomic stability is to poverty reduction. |
| format |
Journal Article |
| author |
Ravallion, Martin |
| author_facet |
Ravallion, Martin |
| author_sort |
Ravallion, Martin |
| title |
A Comparative Perspective on Poverty Reduction in Brazil, China, and India |
| title_short |
A Comparative Perspective on Poverty Reduction in Brazil, China, and India |
| title_full |
A Comparative Perspective on Poverty Reduction in Brazil, China, and India |
| title_fullStr |
A Comparative Perspective on Poverty Reduction in Brazil, China, and India |
| title_full_unstemmed |
A Comparative Perspective on Poverty Reduction in Brazil, China, and India |
| title_sort |
comparative perspective on poverty reduction in brazil, china, and india |
| publisher |
World Bank |
| publishDate |
2013 |
| url |
http://hdl.handle.net/10986/13499 |
| _version_ |
1764423626216439808 |