There are many ways to define poverty. The complex linkage between growth and poverty reductions best explained not entirely by the aggregate rate of growth but by the nature and sources of growth in an economy. Analysis of rates and patterns of sectoral growth sheds further light on what kind of growth is conducive to poverty reduction in a particular country. These criteria include conformance to specifications, client satisfaction, reduced cycle time, a quality culture in the organization, a congruence between goals, outputs and impacts, and an ongoing capacity to learn and adapt to change at the individual, group and organizational level. Quality integrates many of the performance improvement and reform efforts that have been directed to the public sector in recent years.
Quality improvement requires a deliberate planning and implementation strategy.
It is not something which can be developed through rhetoric and exhortation. PDF File available International Finance Seminar 9-13 October 2000, Singapore Executive Summary of Proceedings, ESS No. The growing interdependence of financial markets makes it more urgent than ever before to consider reforming the international financial architecture. This reform process would have to cover both global and regional aspects. The policy package to prevent a capital account crisis must include preventative as well as management measures.