ILR Impact Brief - Economic Development, Labor Markets, and Poverty Reduction

[Excerpt] Economic development is generally understood to involve improvements in economic well-being for a society and its members. Despite the generalized unfolding of economic opportunity that accompanies economic growth, the specific goal of poverty reduction should be the most pressing component of a development agenda. Labor market policies that foster the creation of “good” jobs and prepare the population to hold these jobs will alleviate individual economic privation