GROWTH AND THE POOR: A COMMENT ON DOLLAR AND KRAAY
In a recent paper Dollar and Kraay come to sweeping conclusions about economic growth and the poor. On the basis of the empirical work they assert that standard World Bank and IMF policy packages are good for the poor. This critique demonstrates that (i) the empirical work is based on theoretically unsound equations; (ii) the data are seriously flawed; and (iii) the policy variables are not defined appropriately and are tested in an inconsistent manner. These problems imply that the policy conclusions of the authors are unsafe.
Year of publication: |
2000-10
|
---|---|
Authors: | Lübker, Malte ; Smith, Graham ; Weeks, John |
Institutions: | Department of Economics, School of Oriental and African Studies (SOAS) |
Saved in:
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