GROWTH WITH EQUITY IS GOOD FOR THE POOR

                                               OXFAM

                                        D. Dollar, A. Kraay:
                                    Growth is good for the poor



*      existing patterns of globalization are inherently good for poverty reduction

*      standard pro-growth macroeconomic policies are the most effective route to poverty reduction

*      globalisation is good for the poor

                                        THE BASIC QUESTION:

 



    How to convert growth into poverty reduction at the rate required to achieve the 2015 targets?

                                         "THE 2015 TARGETS"



                              The Millennium Development Goals (MDGs)



        the United Nations Millenium Declaration (2000) (http://www.un.org/millenniumgoals/)

                                    DOLLAR AND KRAAY`S ARGUMENTS



*      Growth is good for the poor



*      Standard macroeconomic policies are good for the poor



*      Globalisation is good for the poor



*      How good for the poor is growth?



*      Standard macro-economic policies and globalization are best for poverty reduction



*      Making markets work for the poor