Inequality Poverty and Economic Growth Paper
Inequality Poverty and Economic Growth Paper
In 2013, the year for which the most comprehensive data on global poverty is available, 767 million
people, or 10.7 percent of the population, were estimated to be living below the international poverty
line of $1.90 per person per day. Around 100 million people moved out of extreme poverty from
2012 to 2013, and since 1990, nearly 1.1 billion people have escaped extreme poverty. The global
poor are predominantly rural, young, poorly educated, are mostly employed in the agricultural sector,
and live in larger households with more children. Despite progress, extreme poverty remains
unacceptably high, especially in Sub-Saharan Africa. The region now has the largest number of
extreme poor in the world, 389 million, which accounts for half of the total number of extreme poor
in the world, and more than all the other regions combined.
Critically discuss the theory that economic growth is a necessary but not sufficient condition to raise
people out of poverty. What role does distribution of national income play? If both economic growth
and inequality affect poverty levels, what does this suggest about policy?
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This is an essay question based on the topic of sustainable development in the field of development economics. Plz choose to accept this question only if you know how to answer it. I also uploaded some important materials in relation to the essay question. However, more research on the topic is required. The expectation is that you add the most recent literature to your arguments. Parroting the theory will not be enough to pass this assessment. The articles that within last 10 years would be fine. Introduction, conclusion are not needed, just answer the question directly.
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