Macro Structural Policies And Income Inequality In Low Income Developing Countries PDF Download
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Author | : Ms.Stefania Fabrizio |
Publisher | : International Monetary Fund |
Total Pages | : 42 |
Release | : 2017-01-26 |
Genre | : Business & Economics |
ISBN | : 1475570457 |
Download Macro-Structural Policies and Income Inequality in Low-Income Developing Countries Book in PDF, ePub and Kindle
Despite sustained economic growth and rapid poverty reductions, income inequality remains stubbornly high in many low-income developing countries. This pattern is a concern as high levels of inequality can impair the sustainability of growth and macroeconomic stability, thereby also limiting countries’ ability to reach the Sustainable Development Goals. This underscores the importance of understanding how policies aimed at boosting economic growth affect income inequality. Using empirical and modeling techniques, the note confirms that macro-structural policies aimed at raising growth payoffs in low-income developing countries can have important distributional consequences, with the impact dependent on both the design of reforms and on country-specific economic characteristics. While there is no one-size-fits-all recipe, the note explores how governments can address adverse distributional consequences of reforms by designing reform packages to make pro-growth policies also more inclusive.
Author | : Stefania Fabrizio |
Publisher | : |
Total Pages | : |
Release | : 2017 |
Genre | : |
ISBN | : |
Download Macro-structural Policies and Income Inequality in Low-income Developing Conuntries Book in PDF, ePub and Kindle
Author | : François Bourguignon |
Publisher | : World Bank Publications |
Total Pages | : 362 |
Release | : 2008-01-01 |
Genre | : Political Science |
ISBN | : 0821357794 |
Download The Impact of Macroeconomic Policies on Poverty and Income Distribution Book in PDF, ePub and Kindle
A companion to the bestseller, The Impact of Economic Policies on Poverty and Income Distribution, this title deals with theoretical challenges and cutting-edge macro-micro linkage models. The authors compare the predictive and analytical power of various macro-micro linkage techniques using the traditional RHG approach as a benchmark to evaluate standard policies, such as, a typical stabilization package and a typical structural reform policy.
Author | : Ms.Anne Epaulard |
Publisher | : International Monetary Fund |
Total Pages | : 37 |
Release | : 2003-04-01 |
Genre | : Social Science |
ISBN | : 1451849362 |
Download Macroeconomic Performance and Poverty Reduction Book in PDF, ePub and Kindle
This paper investigates the link between macroeconomic performance and the change in the poverty rate among 47 episodes of growth and 52 episodes of economic downturn in developing and transition economies. We show that, on average, (i) the greater the inequality, the lower the elasticity of poverty to growth, and the higher the mean income, the higher the elasticity; (ii) the country-specific elasticity is identical for episodes of economic growth and for episodes of economic downturn; and (iii) higher growth does not bring diminishing returns to poverty reduction. Moreover, we show that very high inflation is associated with a higher elasticity of the poverty rate to economic downturn, but at lower inflation, there is no relationship between inflation and the elasticity of the poverty rate to growth or recession. Trade openness and changes in the terms of trade explain part of the elasticity of the poverty rate to economic downturn.
Author | : Ms. Valerie Cerra |
Publisher | : International Monetary Fund |
Total Pages | : 54 |
Release | : 2021-03-12 |
Genre | : Business & Economics |
ISBN | : 1513572660 |
Download Links Between Growth, Inequality, and Poverty: A Survey Book in PDF, ePub and Kindle
Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The evidence suggests that growth can be effective in reducing poverty, but its impact on inequality is ambiguous and depends on the underlying sources of growth. The impact of poverty and inequality on growth is likewise ambiguous, as several channels mediate the relationship. But most plausible mechanisms suggest that poverty and inequality reduce growth, at least in the long run. Policies play a role in shaping these relationships and those designed to improve equality of opportunity can simultaneously improve inclusiveness and growth.
Author | : Francisco H. G. Ferreira |
Publisher | : World Bank Publications |
Total Pages | : 28 |
Release | : 1999 |
Genre | : Banks and Banking Reform |
ISBN | : |
Download Protecting the Poor from Macroeconomic Shocks Book in PDF, ePub and Kindle
To minimize the harmful impact on poor people of macroeconomic shock, sound policies for dealing with crises, and an adequate public safety net should be in place before a crisis starts.
Author | : Ashoka Mody |
Publisher | : Routledge |
Total Pages | : 494 |
Release | : 2004-08-02 |
Genre | : Business & Economics |
ISBN | : 1135994579 |
Download Macroeconomic Policies and Poverty Book in PDF, ePub and Kindle
In this volume, world-renowned contributors, including Martin Ravallion, Michael Kremer and Robert Townsend, deal with the institutional characteristics of poverty resulting from the time pattern of aid, the nature of financial systems and the political economy of budgetary decisions. Going beyond the traditional literature on poverty, this original book deals with themes of broad interest to both scholars and policymakers in a clear yet technically sophisticated manner. Departing from conventional methods employed in poverty studies, these innovative essays enquire into the institutional characteristics of poverty, and using current case studies, they examine the crucial idea that periods of crises seriously affect poverty.
Author | : Hites Ahir |
Publisher | : International Monetary Fund |
Total Pages | : 76 |
Release | : 2021-03-24 |
Genre | : Business & Economics |
ISBN | : 1513566601 |
Download Macroeconomic Research in Low-income Countries Book in PDF, ePub and Kindle
Despite strong economic growth since 2000, many low-income countries (LICs) still face numerous macroeconomic challenges, even prior to the COVID-19 pandemic. Despite the deceleration in real GDP growth during the 2008 global financial crisis, LICs on average saw 4.5 percent of real GDP growth during 2000 to 2014, making progress in economic convergence toward higher-income countries. However, the commodity price collapse in 2014–15 hit many commodity-exporting LICs and highlighted their vulnerabilities due to the limited extent of economic diversification. Furthermore, LICs are currently facing a crisis like no other—COVID-19, which requires careful policymaking to save lives and livelihoods in LICs, informed by policy debate and thoughtful research tailored to the COVID-19 situation. There are also other challenges beyond COVID-19, such as climate change, high levels of public debt burdens, and persistent structural issues.
Author | : Giovanni Andrea Cornia |
Publisher | : OUP Oxford |
Total Pages | : 337 |
Release | : 2014-04-17 |
Genre | : Business & Economics |
ISBN | : 0191016284 |
Download Towards Human Development Book in PDF, ePub and Kindle
Human Development is widely recognised as the overriding goal of development, yet its realization is challenged by growing inequality, macro-economic fluctuations, and recurrent financial crises. This edited collection reflects on the work of Richard Jolly and includes contributions from leading scholars of development, all of whom have worked with Richard Jolly at varying points in his distinguished career. The volume advances thinking in the area of Human Development by discussing the evolution of its conceptualization and the policy implications, and the achievements in related key areas such as education, social protection, and employment. It juxtaposes these theoretical and (at times) real life improvements with disturbing developments in terms of growing inequality and macro-economic instability. It documents the growing income inequality which has characterized both developing and developed countries. It shows that there has been a decline in some countries and identifies the policies adopted in these exceptional cases. It also shows also where and how public expenditure on Human Development in developing countries has been affected by the 2008 financial crisis and presents a new framework for a pro-growth pro-Human Development macro-economics, including suggestions for the countercyclical regulation of financial flows. The book also argues that a series of disruptive factors are nudging the innovation trajectory in new potentially pro-poor and pro-Human Development directions, especially if policies speed-up the diffusion of new efficient appropriate technologies in low and middle income economies.
Author | : François Bourguignon |
Publisher | : World Bank Publications |
Total Pages | : 440 |
Release | : 2003 |
Genre | : Economic assistance |
ISBN | : 0821354914 |
Download The Impact of Economic Policies on Poverty and Income Distribution Book in PDF, ePub and Kindle
Reviews techniques and tools that can be used to evaluate the poverty and distributional impact of economic policy choices. This title describes the most robust techniques and tools, from the simplest to the most complex, and aims to identify best practices. It also addresses an evaluation technique and its applications.