Inclusiveness of economic growth in emerging Asian and European economies
Inclusiveness of economic growth in emerging Asian and European economies

Summary/Abstract: The aim of this paper is to evaluate the inclusiveness of economic growth in selected South East Asian (SEA) and Central and Eastern European (CEE) economies over the last two decades. The discussion is based on the concepts of inclusive and pro-poor growth. The author describes the characteristics of economic growth in terms of poverty reduction, income distribution and inequality. Based on an analysis of the empirical data from SEA and CEE countries, a conclusion can be formulated that although inequality diminishes the desired impact of growth on reducing poverty, it is not a decisive factor in terms of the success of poverty reduction policy (the rate of growth seems to be critical). Nevertheless, one should bear in mind that high and rising income inequality creates concerns for policy makers and therefore should be addressed by appropriate policy mix.

• Details
• Contents