[Make sure your answer is structured as a short essay, i.e., with short introduction (3-4 sentences), outlining each reason in a short paragraph, and a brief conclusion (2-3 sentences)].  Suppose you are advising the government of Nigeria on effective poverty reduction strategies for the country. The policy makers strongly believe that rapid economic growth is the most effective channel to reduce poverty. They also argue that the same strategy would also reduce inequality. What would be your advice to the Nigerian government in this context? Would you endorse their proposition? Why or why not? Give at least three reasons in support of your recommendation, making precise use of the concepts related to the relationship between poverty, inequality and economic growth.

Economics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506725
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter28: Income Inequality And Poverty
Section: Chapter Questions
Problem 12CQ
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[Make sure your answer is structured as a short essay, i.e., with short introduction (3-4 sentences), outlining each reason in a short paragraph, and a brief conclusion (2-3 sentences)]. 

Suppose you are advising the government of Nigeria on effective poverty reduction strategies for the country. The policy makers strongly believe that rapid economic growth is the most effective channel to reduce poverty. They also argue that the same strategy would also reduce inequality. What would be your advice to the Nigerian government in this context? Would you endorse their proposition? Why or why not?

Give at least three reasons in support of your recommendation, making precise use of the concepts related to the relationship between poverty, inequality and economic growth.

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