Government policies, the private sector and SDG1: How economic policies enhance poverty alleviation
Global Compact Network Australia | October 11, 2019
The GCNA, in collaboration with Professor Alberto Posso from UN Global Compact Participant, RMIT University, has just released a paper entitled ‘Can government policies that drive strong economic outcomes for the private sector alleviate poverty?‘. The study focuses on the role that policies play in poverty reduction.
The paper discusses how the adoption of pro-growth policies tends to result in lower levels of poverty, especially through opportunities for job creation. In particular, the paper calls for policies that promote greater access to credit and the protection of minority investors in order to reduce such levels of poverty. It also highlights the symbiotic relationship between a number of the Sustainable Development Goals, thus emphasising the importance of integrating the SDGs into government policies.