| Publication |
2009.
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| Summary/Abstract |
This article assesses the prospects of achieving the Millennium Development Goal of halving income poverty in Asia, and identifies policy priorities. The main findings are: (1) in East Asia, the actual growth rate exceeds that required to achieve this goal, while in South Asia, it falls short of the required rate; (2) the required rates of agricultural growth are, however, higher than the actual in both East Asia and South Asia; (3) moderate growth and reduction of income inequality will have a substantial poverty reduction impact; and, finally, (4) even modest improvements in institutional quality will reduce poverty substantially through higher incomes.
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