Rapid economic growth, brought about by macroeconomic stability and minimal government interference in markets and international trade, is at the core of poverty reduction. Labor-intensive growth and investment in basic social services provide the strategy for poverty reduction. Rapid integration into world markets is good neither for growth nor for poverty reduction. Rich countries need to moderate their economic growth and consumption, to minimize environmental damage affecting the poor. The answer is that people differ in their understanding of poverty and its causes.
Participants can submit contributions in either English, Spanish, or French.
Individual contributions, in French or Spanish, will not be translated before being posted, however weekly summaries, reflecting all contributions, will be posted in all three languages. The WDR draft is available on the PovertyNet site Click here to view and to send comments about the Poverty Reduction Strategy Sourcebook.