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The twin challenges of reducing poverty and creating employment

image of The twin challenges of reducing poverty and creating employment
This publication is based on papers presented at two Expert Group Meetings (jointly organized by DSPD and the ILO) that brought together specialists to undertake a review of progress in eradicating poverty and to analyse policy responses to the global jobs crisis in different countries and regions of the world. It calls for a reorientation of macroeconomic policies from the current heavy emphasis on short-term stability to the promotion of sustained, inclusive and equitable growth. It further stresses the need for the integration of social and economic policies to enable the attainment of people-centred development outcomes.

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Introduction

The experience of countries that have succeeded in reducing poverty significantly point to the important role of high rates of economic growth combined with high rates of employment growth. High rates of economic growth on their own are insufficient to guarantee that poverty reduction will occur unless the benefits of economic growth are more equitably distributed. The creation of productive employment plays a key role in this regard as a critical nexus between growth and poverty reduction.

English

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