Development Policy and the Poor, Part 2: Preferential Option for the Poor
American Journal of Economics and Sociology
Published online on November 07, 2021
Abstract
["The American Journal of Economics and Sociology, Volume 80, Issue 4, Page 1131-1154, September 2021. ", "\nAbstract\nIn a previous essay (Part 1), we examined the economic arguments for development policies that placed certain groups at the vanguard of development policy, making note of the place of the poor in these arguments. In this essay (Part 2), we look at the case for making the poor the central focus of development policy, following the principle in Catholic social thought of the “preferential option for the poor.” That principle recommends evaluation of policies and outcomes first and foremost on how they affect the poor. In looking at the U.N. development agenda, from the first development decade to the millennium development goals and sustainable development goals, we can see a tension between economic growth and eradication of poverty. Over time, a shift in focus has occurred towards placing the poor at the center of development policy. By focusing on the poor and poverty eradication, development policy becomes more about human flourishing, which, ironically, produces higher levels of growth in developing countries. It does, however, lower the growth rate of developed countries, as it reduces their privileged position.\n"]