India: Defining and Explaining Inclusive Growth and Poverty Reduction

WPIEA2014063 Image
Price:  $18.00

Author/Editor: Rahul Anand, Volodymyr Tulin, Naresh Kumar
Release Date: © April, 2014
ISBN : 978-1-48435-423-0
Stock #: WPIEA2014063
English
Stock Status: On back-order

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Description

We document the evolution of poverty and inequality across Indian states during the recent period of rapid growth (2004-09), and examine the role of growth and distribution in reducing poverty. Robust economic growth has been a major driver of poverty reduction and inclusiveness in India. We explore the role of economic policies and macrofinancial conditions in explaining inclusive growth and its components, using a new measure of inclusive growth. Social expenditures, spending on education, and educational attainment rates are important for fostering inclusive growth. Macro-financial stability, with particular attention to inflation risks, is also criticial for promoting inclusive growth.




More publications in this series: Working Papers


More publications by: Rahul Anand ; Volodymyr Tulin ; Naresh Kumar