Family Quote by Carrie Lam
“Given the relativity concept, poverty cannot be eliminated. Indeed, an economic upturn with a broad improvement in household income does not guarantee a decrease in the size of the poor population, especially when the income growth of households below the poverty line is less promising than the overall.”
About This Quote
Source Speech: Economic policy forum, Hong Kong, 2023
Economic growth does not automatically reduce poverty; distribution matters.
In simple terms: More money doesn’t equal fewer poor.
Key Takeaway
Focus on inclusive growth strategies.
Themes
economics
poverty
policy
Mood
concerned
thoughtful
Type
policy
analytical
When to use this quote
- government budgeting
- NGO program design
- community outreach
- academic research
Key Concepts
Income inequality
social welfare
economic development
Questions to Reflect On
- What policies ensure growth lifts the poorest?
- How to measure poverty beyond income?
A Different Perspective
Growth can widen gaps without targeted aid.
![“No solution [to the problem of poverty] is so effective as providing income to the poor. Whether in the form of food, housing, health services, education or money, income is an excellent antidote for deprivation. No truth has spawned so much ingenious evasion.” quote by John Kenneth Galbraith](https://sms4smile.com/quotes/img-quotes/dfb/john-kenneth-galbraith-643_antidote_no-solution-to-the-problem-of-poverty-is_2941126.jpg)
