Poor Relief and Economic Development: A New Perspective

Principal Investigator

Avner Greif
Economics Department, Stanford School of Humanities & Sciences

Co-Investigators

Stanford Graduate School of Business
Research Locations N/A
Award Date May 2014
Award Type Faculty GDP Exploratory Project Award

Abstract

The research question motivating this proposal is whether a key factor in the historical process of development has been poor -relief policies. The conjecture is that initially such policies reduced population growth by reducing the reliance on children for support in old age, fostered innovations by providing a safety net that maintained social order even when the introduction of labor saving machinery left many unemployed.