ECONOMIC GROWTH AND POVERTY,
Abstract
The problems of poverty in the United States, and their resolution, are inextricably connected with the nature of the economic growth process and its pace and pattern. In the past, economic growth has been primarily responsible for lifting the bulk of the population further and further away from economic deprivation, but the adjustments required by growth have left in their wake new pockets of poverty. In the future, one of the key variables that will determine how rapidly we can eliminate poverty in the United States will be the rate of increase in average incomes. And one of the key factors that will determine the kinds of new pockets of poverty that will develop will be the adjustments required by growth and how well we respond to them. This paper explores certain aspects of this dual role of economic growth in the past, and the prospects for the future. (Author)
Document Details
- Document Type
- Technical Report
- Publication Date
- Apr 01, 1965
- Accession Number
- AD0615318
Entities
People
- Richard R. Nelson
Organizations
- RAND Corporation