Published on Oxfam America’s Politics of Poverty blog
Looking at projections in 10 countries.
For the most part, we anticipate that countries will grow their economies in the coming years. Growth means more financial resources available to reduce extreme poverty by creating jobs, increasing social services, and building stronger safety nets. However, if governments fail to ensure the benefits of growth are shared with the most vulnerable, then poverty reduction will be minimal. This can happen if the benefits of growth only accrue to the richest.