The Quest for Pro-Poor and Inclusive Growth : The Role of Governance
This paper analyses the role of good governance in fostering pro-poor and inclusive growth. Using a sample of 112 countries over 1975–2012, it shows that growth is generally pro-poor. However, growth has not been inclusive, as illustrated by a decl...
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World Bank, Washington, DC
2018
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| Online Access: | http://documents.worldbank.org/curated/en/952281538408403487/The-Quest-for-Pro-Poor-and-Inclusive-Growth-The-Role-of-Governance http://hdl.handle.net/10986/30596 |
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okr-10986-305962021-05-25T09:19:17Z The Quest for Pro-Poor and Inclusive Growth : The Role of Governance Doumbia, Djeneba INCLUSIVE GROWTH GOVERNANCE CORRUPTION PRO-POOR GROWTH EDUCATION INFRASTRUCTURE FINANCIAL INCLUSION INEQUALITY HUMAN CAPITAL ACCUMULATION INCOME DISTRIBUTION This paper analyses the role of good governance in fostering pro-poor and inclusive growth. Using a sample of 112 countries over 1975–2012, it shows that growth is generally pro-poor. However, growth has not been inclusive, as illustrated by a decline in the bottom 20 percent of the income distribution. While all features of good governance support income growth and reduce poverty, only government effectiveness and the rule of law are found to enhance inclusive growth. The investigation of the determinants of pro-poor and inclusive growth highlights that education, infrastructure improvement, and financial development are the key factors in poverty reduction and inclusive growth. Relying on the panel smooth transition regression (PSTR) model following Gonzalez, Tersvirta and Dijk (2005), the paper identifies a nonlinear relationship between governance and pro-poor growth, while the impact of governance on inclusive growth appears to be linear. 2018-10-23T20:47:51Z 2018-10-23T20:47:51Z 2018-10 Working Paper http://documents.worldbank.org/curated/en/952281538408403487/The-Quest-for-Pro-Poor-and-Inclusive-Growth-The-Role-of-Governance http://hdl.handle.net/10986/30596 English MTI Global Practice Discussion Paper;No. 5 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Working Paper |
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Digital Repository |
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Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
| language |
English |
| topic |
INCLUSIVE GROWTH GOVERNANCE CORRUPTION PRO-POOR GROWTH EDUCATION INFRASTRUCTURE FINANCIAL INCLUSION INEQUALITY HUMAN CAPITAL ACCUMULATION INCOME DISTRIBUTION |
| spellingShingle |
INCLUSIVE GROWTH GOVERNANCE CORRUPTION PRO-POOR GROWTH EDUCATION INFRASTRUCTURE FINANCIAL INCLUSION INEQUALITY HUMAN CAPITAL ACCUMULATION INCOME DISTRIBUTION Doumbia, Djeneba The Quest for Pro-Poor and Inclusive Growth : The Role of Governance |
| relation |
MTI Global Practice Discussion Paper;No. 5 |
| description |
This paper analyses the role of good
governance in fostering pro-poor and inclusive growth. Using
a sample of 112 countries over 1975–2012, it shows that
growth is generally pro-poor. However, growth has not been
inclusive, as illustrated by a decline in the bottom 20
percent of the income distribution. While all features of
good governance support income growth and reduce poverty,
only government effectiveness and the rule of law are found
to enhance inclusive growth. The investigation of the
determinants of pro-poor and inclusive growth highlights
that education, infrastructure improvement, and financial
development are the key factors in poverty reduction and
inclusive growth. Relying on the panel smooth transition
regression (PSTR) model following Gonzalez, Tersvirta and
Dijk (2005), the paper identifies a nonlinear relationship
between governance and pro-poor growth, while the impact of
governance on inclusive growth appears to be linear. |
| format |
Working Paper |
| author |
Doumbia, Djeneba |
| author_facet |
Doumbia, Djeneba |
| author_sort |
Doumbia, Djeneba |
| title |
The Quest for Pro-Poor and Inclusive Growth : The Role of Governance |
| title_short |
The Quest for Pro-Poor and Inclusive Growth : The Role of Governance |
| title_full |
The Quest for Pro-Poor and Inclusive Growth : The Role of Governance |
| title_fullStr |
The Quest for Pro-Poor and Inclusive Growth : The Role of Governance |
| title_full_unstemmed |
The Quest for Pro-Poor and Inclusive Growth : The Role of Governance |
| title_sort |
quest for pro-poor and inclusive growth : the role of governance |
| publisher |
World Bank, Washington, DC |
| publishDate |
2018 |
| url |
http://documents.worldbank.org/curated/en/952281538408403487/The-Quest-for-Pro-Poor-and-Inclusive-Growth-The-Role-of-Governance http://hdl.handle.net/10986/30596 |
| _version_ |
1764472456628666368 |