I don’t know the answer to the question posed by this interesting blog post. However, poor, malnourished people are not well equipped to give their all to economic activity, so poverty alleviation seems like a reasonable first step towards macroeconomic growth.
A number of posts/comments have been floating around the last few days that deal with the goals or the World Bank. Lant Pritchett published a piece that asks whether rich countries are in fact good partners for poor countries looking to develop. Pritchett is worried that rich-country development agencies (including the World Bank) have altered their focus from promoting overall economic development, and “defined development down” to be only about alleviating the conditions for the extremely poor – those earning less than $1 per day.
Pritchett suggests that the reason for this is a “post-materialist” attitude within rich countries. More crudely, you could say that this is another example of rich countries attempting to impose their goals/values/hopes onto developing countries. We in rich countries in general – and most likely highly paid development agency workers specifically – have the luxury of saying that material economic growth is not that important…
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