Redistribution before Growth — A Strategy for Developing Countries

  title={Redistribution before Growth — A Strategy for Developing Countries},
  author={Irma Adelman},
The liberal assumption on which policies of, and towards, developing countries were based was that economic growth and social modernization would take care of poverty. That, with perhaps a slight delay, the benefits of economic growth would trickle down to the poorest segments of society. This growth optimism seems to have been invalidated by the recent Third World experience. Average income per head in the Third World has grown more rapidly in the last two decades than ever before. But so have… CONTINUE READING