Open Access. Powered by Scholars. Published by Universities.®

Business Commons

Open Access. Powered by Scholars. Published by Universities.®

Social and Behavioral Sciences

PDF

Central Bank of Nigeria

1997

Growth-Led Poverty Alleviation

Articles 1 - 1 of 1

Full-Text Articles in Business

Strategy For Growth-Led Poverty Alleviation In Nigeria, A. S. F. Atoloye Sep 1997

Strategy For Growth-Led Poverty Alleviation In Nigeria, A. S. F. Atoloye

Economic and Financial Review

The economic growth process of a country is determined by a number of factors among which is technological change. Increased output/performance permitted by this goes a long way in alleviating poverty. Rapid and sustained economic growth utilizing a new industrial strategy calls for proficient use of the natural advantages of modern infrastructures which further serves as a poverty-reducing strategy. The author states that the most credible option by which the poor can receive a fair share of the benefits of development is by subjecting the economy to the full discipline and rigours of market forces for a poverty-reducing growth. Governments …