Understanding pro-poor growth
Rapid and sustained poverty reduction requires a pace and pattern of growth that enhances the ability of poor women and men to participate in, contribute to and benefit from growth - in short, pro-poor growth.
Promoting pro-poor growth
Policies therefore need to promote both the pace of economic growth and the extent to which the poor participate in growth as both agents and beneficiaries - critical for long-term growth and sustained poverty reduction.
Policies to tackle the multiple dimensions of poverty, including the cross-cutting dimensions of gender and environment, are mutually reinforcing and should go hand-in-hand. Progress in one dimension will be accelerated by progress in others. In tackling poverty, perceptions of policy dichotomies have been misplaced. Policy trade-offs do exist but can be better managed.
Empowering the poor is essential for bringing about the policies and investments needed to promote pro-poor growth and address the multiple dimensions of poverty. To achieve this, the state and its policy making processes need to be open, transparent and accountable to the interests of the poor. Policies and resources need to help expand the economic activities of the poor.
With this as our guiding principle, we work on promoting economic growth that will benefit the poor, focusing on both the rate and pattern of growth.
» See how our work is translated into practice (forthcoming)