Type | Working Paper |
Title | Crecimiento pro-poor en Colombia 1996-2004 |
Author(s) | |
Publication (Day/Month/Year) | 2005 |
URL | http://www.repository.fedesarrollo.org.co/bitstream/11445/1087/1/Co_So_Diciembre_2005_Sarmiento.pdf |
Abstract | The purpose of this article is to explain the concept, construct the measurement and underline the importance on the present Colombian juncture of the Poverty Equivalent Growth Rate (pegr) developed by Kakwani, Khandker and Son (2004). The greatest advantage of this indicator is that shows explicitly the relation between poverty, income distribution and growth. The analysis of Colombia’s recent experience shows that economic growth has not benefited the poor in most of the evaluated years. Thus, an explicit effort has to be made in order aim growth policies towards a better distribution of income. Particularly, concrete strategies to enhance poor people’s accessibility to assets such as land, capital, credit and education have to be designed and applied. Distributive policies can guarantee the goal of favoring the poor with economic growth. Escaping from poverty traps requires that the regulation and the orientation and incentives of growth policies have a substantial distributive component. |