Chapter

On Fostering Poverty‐Redressing Growth

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/10.1093/0198294328.003.0011
 On Fostering Poverty‐Redressing Growth

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The last chapter provides a highly condensed summary (in the first section) of the patterns that have been discovered in the determinants of policies and outcomes analysed in the previous chapters. These address (1) poverty and equity, (2) growth performance, (3) stylized patterns of endowments, polity, and economic policy, and (4) nationalism, dirigisme, and liberalization. The final section outlines and defends a ‘classical’ liberal economic framework for economic policy, to promote poverty‐redressing growth, which is supported by the arguments and evidence presented in the book.

Keywords: dirigisme; economic growth; economic policy; equity; liberalism; nationalism; polity; poverty; poverty alleviation

Chapter.  7369 words. 

Subjects: Economic Development and Growth

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