Poverty, Growth, and Safety Nets: A Comparative Regional Perspective.

Among the most remarkable events in the world during the last half-century has been the notable economic growth, social transformation and poverty reduction that has taken place in Asia. The March 2002 issue of the 'Journal of Asian & African Studies,' contains nine papers, authored by economists, sociologists and anthropologists, covering five countries in the region including India, Pakistan, Philippines, Thailand and Vietnam. These papers suggest that rather than making land reform the centerpiece of the strategy for rural development and poverty reduction, the government should give priority to investments in physical and social infrastructures, agricultural research and technology transfer and enforcement of contractual arrangements and property rights. The paper by Saurabh Sinha, Michael Lipton and Shahin Yaqub is closely related to the Baulch and McCulloch paper in that it also is concerned with transitory changes in household welfare.