Economic growth, rural assets and prosperity: exploring the implications of a 20-year record of asset growth in Tanzania
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Cambridge University Press
Abstract
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Measures of poverty based on consumption suggest that recent economic
growth in many African countries has not been inclusive, particularly in rural
areas. We argue that measures of poverty using assets may provide a different picture. We present data based on recent re-surveys of Tanzanian households
fi
rst visited in the early s. These demonstrate a marked increase in prosperity
from high levels of poverty. It does not, however, follow that these improvements
derive from GDP growth. We consider the implications of this research
for further explorations of the relationship between economic growth and agricultural
policy in rural areas.
Keywords
Rapid economic growth