How much growth translates into poverty reduction differs across countries and varies over time depending on the distribution of its benefits across income groups. Labor is the most abundant asset of the poor, hence a major determinant of the poverty reduction impact of growth is its effect on employment opportunities — and incomes — for the poor. When growth enhances earning opportunities for the poor, its benefits are widely shared and poverty tends to decline. This website, created and maintained by the Poverty Reduction and Development Effectiveness Department of the World Bank, is designed to help fill the gap between the awareness of the importance of employment and labor market mobility as engines of development and poverty reduction, and the attention this issue receives in mainstream economic analysis and policy-making. |