. Previous literature and empirical work provides a strong consensus that growth reduces poverty, and several recent studies have … poverty. But in dynamic economies most economic growth comes from productivity growth, and few studies have tested the … relationships between productivity growth, poverty and inequality. The present study uses several sources of international data on …

In this chapter, Joseph Heath argues that we tend to overestimate the contribution that further productivity growth … will make to the welfare of Canadians. Traditionally, productivity growth was thought to contribute to increased leisure … time, greater consumer satisfaction, the elimination of poverty and greater public support for redistributive efforts to …

In this chapter, William Watson challenges Heath's interpretation of the benefits of productivity growth, but agrees … productivity growth. Watson tackles Heath's assessment of the social benefits of productivity growth directly, starting with the … issues of social inequality and poverty. He argues that there has been no flagging in redistributive effort in Canada and he …

developing countries. It is found that this relationship is even stronger than that between economic growth and poverty reduction …, and about as important as that between GDP per capita growth and poverty reduction. It is also found that the level of … income inequality mediates the relationship between productivity growth and poverty reduction. The greater the level of …

that he developed throughout the decade. While not denying that the US economic slowdown in the early 1990s reduced growth …

The issue of sustainability of natural capital and implications for economic growth ranks high in the interests of both …

monetary policy in the early 1990s hurt growth in the short-term, but they argue that such action was necessary to ratchet down …