Agenda Shared growth is economic growth in which poor people improve their well-being by contributing to and benefiting from the growth process. While there is widespread agreement that economic growth is a necessary condition for sustained poverty reduction, there is ample evidence that the pattern of growth — how growth is generated and how it is distributed — is also critical for accelerating poverty reduction. Looking across countries, the effectiveness of growth in reducing poverty has varied. What explains these differences? How can we identify country specific policy priorities to achieve shared growth and to improve development effectiveness? Since labor is the most abundant asset of the poor, a major determinant of the poverty reduction impact of growth is its effect on the quantity and quality of employment opportunities for the poor. When growth enhances earning opportunities for the poor, its benefits are widely shared and poverty tends to decline. When it does not, shared growth will not occur. The Poverty Reduction Group of the World Bank will present its approach to finding binding constraints that limit shared growth and to assessing the role of employment and earnings changes in the growth-poverty reduction link. The underlying analytical framework will be presented and three country applications provided — Zambia, Madagascar and Rwanda. Discussants and session participants will be given ample opportunity to provide feedback on the approaches suggested and their policy implications. There is no fee to attend this one-day workshop. Registration is closed.
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