Rwanda: Right Policies for Growth And Poverty Reduction

Posted to the web 11 October 2008 Festo Ngamije Kigali Different authors in developing countries economies have pondered a lot on these issues. However, the question remains; is the growth we have good enough for the poor? Growth is good for the poor because all developing countries that have experienced sustainable high growth over the last few decades have reduced their absolute poverty levels. Good examples include Botswana and South Africa. In reality recent growth rates in Africa have not been matching with the household's incomes, the raison d'être being that income distribution needs to decline more for the period of growth. Is poverty reduction good for growth? Automatically poverty reduction is good for growth. It is not easy to imagine of cases where absolute poverty levels have reduced considerably without... [read full story]