Inclusive Growth in Selected Central European Countries
This research aims to investigate inclusive growth in six selected Central European countries (Austria, Germany, and the V4 countries) during the years 2006 – 2012. We have relied on the assumption that pro-poor growth, according to its absolute definition, is in line with the definition of inclusive growth (World Bank, 2009). To investigate pro-poor growth, the poverty equivalent growth rate methodology proposed by Kakwani et al. (2004 and 2008) has been applied. Pro-poor growth has been analyzed according to its absolute, relative and poverty reducing definitions. The results show that the selected countries experienced positive economic growth accompanied by absolute pro-poor growth throughout the time range analyzed, but in only few time periods, and not for all of the poverty measures applied.
More...