Towards a pro-poor development strategy for middle-income countries: a comment on Bresser-Pereira and Nakano

Abstract

ABSTRACT This paper draws upon Bresser-Pereira and Nakano (2003), in order to outline a pro-poor growth strategy for middle-income countries. This strategy avoids the pitfalls of the neoliberal model implemented in several countries in the aftermath of the 1982 international debt crisis, and is conducive to income distribution and sustainable growth simultaneously.

Keywords

• Pro-poor policy
• neoliberalism
• macroeconomics
• poverty
• welfare