Why economic growth is not enough to end poverty

The long and often still held tenet of development is that economic growth is needed to ensure that a country improves. In other words, poverty will end when more people are making more money.

It makes a lot of sense at the face of it, but the stunning pace of global economic growth has not helped everyone, especially the people who need it most. Economist and former Oxfam staffer Kate Raworth makes the case for thinking beyond economic growth in this short talk animated by the The RSA.

Are you convinced by her argument? I’d love to hear from other economists as to why she is right or wrong.

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About Author

Tom Murphy

Tom Murphy is a New Hampshire-based reporter for Humanosphere. Before joining Humanosphere, Tom founded and edited the aid blog A View From the Cave. His work has appeared in Foreign Policy, the Huffington Post, the Guardian, GlobalPost and Christian Science Monitor. He tweets at @viewfromthecave. Contact him at tmurphy[at]humanosphere.org.