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Home : Topics : Poverty Reduction : Poverty Reduction Framework : Pro-poor Sustainable Economic Growth

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Pro-poor Sustainable Economic Growth
Ensuring the poor benefit from economic success

Poverty reduction whether related to income or social and living conditions requires conditions in which the poor can participate in, contribute to, and benefit from economic growth.

Such pro-poor growth

  • generates employment and income among the poor
  • enhances the productive potential of the poor (by creating economic and social infrastructure facilities and services)
  • strengthens the governance and business environment to encourage strong private sector participation
  • seeks opportunities for strengthening regional cooperation and cross-border development
  • promotes a growth process that is environmentally sustainable.

ADB's Medium Term Strategy (2006-2008) focuses on core areas that are relevant for pro-poor growth and inclusive development. They include economic infrastructure and private sector development as well as regional cooperation. The strategy calls for

Did you know? Following the global economic slowdown of 2008, Asian economies are unlikely to be able to recover through export trade as they did after the 1997/98 Asian financial crisis. Some countries need to accelerate the rebalancing of economic growth toward domestic sources, a process in which the region’s small and medium-sized enterprises can play a crucial role. A paper, written for the Hanoi conference on the social impact of the global economic crisis, discusses this.

Read recent ADB publications on inclusive growth in Asia and the Pacific. ADB's new Strategy 2020 emphasizes inclusive growth as a path for poverty reduction in the region.

View ADB's knowledge products and operational expertise on contributing to pro-poor growth.

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