Chapter

Income Transfers and Poverty Redressal

Deepak Lal and H. Myint

in The Political Economy of Poverty, Equity and Growth: A Comparative Study

Published in print October 1998 | ISBN: 9780198294320
Published online November 2003 | e-ISBN: 9780191596582 | DOI: http://dx.doi.org/10.1093/0198294328.003.0010
 Income Transfers and Poverty Redressal

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This chapter analyses the empirical lessons of economic policy for various redistributive programmes for poverty alleviation arising from the sample of developing countries examined in the book. It also looks explicitly at the political economy of public income transfers, and finds that both in theory and practice the role of direct transfers in alleviating poverty is likely to be limited. The eight sections of the chapter are (1) mass poverty and growth: the evidence from the country studies; (2) the direct method of alleviating structural poverty; (3) conjunctural poverty, destitution, and transfers; (4) private versus public transfers in social safety nets; (5) the political economy of public income transfers; (6) unintended consequences of welfare states; (7) classical liberal principles and labour‐market insurance; and (8) guidelines for public action on social safety nets.

Keywords: destitution; developing countries; economic growth; economic policy; income transfers; labour markets; liberalism; political economy; poverty alleviation; public income; redistribution; safety nets; welfare states

Chapter.  19565 words.  Illustrated.

Subjects: Economic Development and Growth

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