Innovation for pro-poor growth: from redistribution with growth to redistribution through growth
نویسنده
چکیده
Copyright and Moral Rights for the articles on this site are retained by the individual authors and/or other copyright owners. For more information on Open Research Online's data policy on reuse of materials please consult the policies page. SUMMARY Despite an accelerating pace of growth over the past decade, outside of China most low and middle income economies have seen an increase in the number of people living below $1.25 per day. The development agenda therefore necessarily has to engage with the trajectory of growth. One important determinant of the structure of growth is the path of innovation. The locus of global innovation in the twentieth century meant that the bulk of innovation was inappropriate for meeting the needs of the poor. However, a series of disruptive factors are nudging the innovation trajectory in new potentially pro-poor directions, such that Appropriate Technologies will increasingly be driven by the market rather than (as in the past) by non-profit organisations. This has resonance with the Redistribution from/with/through Growth debate in which Richard Jolly was a prime mover in the 1970s. it also has implications for policies which might speed-up the diffusion of new efficient appropriate technologies, hence contributing the adoption of pro-poor growth strategies in low and middle income economies.
منابع مشابه
Analyzing the Causal Relationships between Economic Growth, Income Inequality, and Transmission Channels: New Empirical Evidences from Iran
This paper investigates causal relations between economic growth, income inequality, and transmission channels during the period 1972 to 2016. These channels include saving rate, investment rate, redistribution policies, human capital, and conspicuous consumption. There is no strong evidence that supports uni-directional or bi-directional causality. In addition, some of the transmission channel...
متن کاملThe Triangular Relationship between Poverty, Inequality and Growth in Iran during the Development Plans
Expended Abstract Introduction: An issue which is often recurring in discussion on development is whether the main focus of development strategies should be on growth or on poverty and/or inequality. The goal of development strategies can be put in two statements. “First, the rapid elimination of absolute poverty, under all forms, is a meaningful goal for development Second, the reduction of a...
متن کاملThe Triangular Relationship between Poverty, Inequality and Growth in Iran during the Development Plans
Expended Abstract Introduction: An issue which is often recurring in discussion on development is whether the main focus of development strategies should be on growth or on poverty and/or inequality. The goal of development strategies can be put in two statements. “First, the rapid elimination of absolute poverty, under all forms, is a meaningful goal for development Second, the reduction of a...
متن کاملSchumpeterian Entrepreneurs Meet Engel’s Law: The Impact of Inequality on Innovation-Driven Growth
This paper analyzes the impact of inequality on growth when technical progress is driven by innovations and consumers have hierarchic preferences. Inequality has an impact on growth because it affects the structure and the dynamics of demand. Redistribution from very rich to very poor consumers is beneficial for growth. In general, the growth effect depends on the nature of redistribution. Due ...
متن کاملDoes Economic Growth Help Poor People? Evidence from Iran in the first five - year plan
This paper examines the relationship between growth and poverty in Iran during the first five-year plan. In other words, effort has been made to show whether economic growth in Iran helped poor people or not. For this purpose the concept of pro poor growth has been analyzed with application to the economy of Iran, both in urban and rural areas and in the country as a whole. We use an indicator ...
متن کامل