how is economic growth helpful in the reduction of poverty
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Economic growth is the most powerful instrument for reducing poverty and improving the quality of life in developing countries. ... Thus, both the pace and pattern of growth matter forreducing poverty. A successful strategy of poverty reduction must have at its core measures to promote rapid and sustained economic growth.
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Economic growth is the most powerful instrument for reducing poverty and improving the quality of life in developing countries. ... But under different conditions, similar rates of growth can have very different effects on poverty, the employment prospects of the poor and broader indicators of human development .
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