By Yusuf Bangura (eds.)
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Extra info for Developmental Pathways to Poverty Reduction
Rueschmeyer and T. Skocpol (eds), Bringing the State Back In, Cambridge: Cambridge University Press. Yusuf Bangura 29 Stephens, J. 2007. The Politics of Poverty Reduction and Redistribution in Developed Democracies, Background Paper for UNRISD Report on Combating Poverty and Inequality. Geneva: UNRISD. , M. E. Manzano and Y. Anouti. 2013. Local Content Policies in the Oil and Gas Sector. Washington, DC: The World Bank. United Nations. 2014. The Millennium Development Goals Report. New York: The United Nations Organization.
This strategy generated an average growth rate of 7 percent and high levels of employment during the boom period. It failed, however, to build a resilient capacity to handle external shocks. Its low tax regime acted as a constraint on the building of state capacity to innovate and regulate. Foreign firms made huge profit and repatriated it out of Ireland. Second, the growth in the productive economy did not translate into investment in social services. While growth improved the lives of many, less attention was paid to poverty and inequality.
A. and T. Verdier. 2013. The Political Economy of Clientelism. The Scandinavian Journal of Economics, 115(2), 260–91. Rodrik, A. 2006. “Industrial Development: Stylized Facts and Policies. Draft of a chapter prepared for the UN-DESA publication on Industrial Development for the 21st Century. New York. M. Edelman, P. Heller and J. Teichman. 2007. Social Democracy in the Global Periphery: Origins, Challenges, Prospects. Cambridge: Cambridge University Press. K. 1999. Development as Freedom, Oxford: Oxford University Press.