The Role of Good Governance in fostering Pro-Poor, Inclusive Growth

Reducing poverty and improving equity
Posted Jul 05, 2020 | Brookings Institution, Djeneba Doumbia

More than 700 million people live on less than $1.90 a day, over 72 percent of them in Africa. At the same time, income inequality is on the rise in most developed and developing countries. In her paper for the Brookings Institution, Djeneba Doumbia discusses how two divergent dynamics - falling poverty and rising income inequality - impact the income opportunities of the less fortunate, namely, the poorest 20 percent of the population. She offers four policy recommendations: (1) The combination of political, economic, and institutional features of good governance, especially the control of corruption and regulatory quality, improves the income of the poor and decreases poverty; (2) beyond a minimum level of corruption control pro-poor growth tends to accelerate; (3) government effectiveness (economic governance) and rule of law (institutional governance) - promote inclusive growth; and (4) enhancing human capital development through access to health care, education, and nutrition (especially for children); developing infrastructure; and advancing the financial sector are key drivers of both poverty reduction and inclusive growth.


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