Macro Structural Policies And Income Inequality In Low Income Developing Countries


Macro Structural Policies And Income Inequality In Low Income Developing Countries
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Macro Structural Policies And Income Inequality In Low Income Developing Countries


Macro Structural Policies And Income Inequality In Low Income Developing Countries
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Author : Ms.Stefania Fabrizio
language : en
Publisher: International Monetary Fund
Release Date : 2017-01-26

Macro Structural Policies And Income Inequality In Low Income Developing Countries written by Ms.Stefania Fabrizio and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-01-26 with Business & Economics categories.


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.



Macroeconomic Structural Policies And Income Inequality In Low Income Developing Countries


Macroeconomic Structural Policies And Income Inequality In Low Income Developing Countries
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Author : MsStefania Fabrizio
language : en
Publisher:
Release Date : 2017

Macroeconomic Structural Policies And Income Inequality In Low Income Developing Countries written by MsStefania Fabrizio and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with Birth control categories.


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.



The Impact Of Macroeconomic Policies On Poverty And Income Distribution


The Impact Of Macroeconomic Policies On Poverty And Income Distribution
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Author : Luiz A. Pereira da Silva
language : en
Publisher: World Bank Publications
Release Date : 2008-06-19

The Impact Of Macroeconomic Policies On Poverty And Income Distribution written by Luiz A. Pereira da Silva and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-06-19 with Political Science categories.


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.



Towards Human Development


Towards Human Development
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Author : Giovanni Andrea Cornia
language : en
Publisher: OUP Oxford
Release Date : 2014-04-17

Towards Human Development written by Giovanni Andrea Cornia and has been published by OUP Oxford this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-04-17 with Business & Economics categories.


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.



Macroeconomic Policies And Poverty


Macroeconomic Policies And Poverty
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Author : Ashoka Mody
language : en
Publisher: Routledge
Release Date : 2004-08-02

Macroeconomic Policies And Poverty written by Ashoka Mody and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004-08-02 with Business & Economics categories.


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.



The Impact Of Economic Policies On Poverty And Income Distribution


The Impact Of Economic Policies On Poverty And Income Distribution
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Author : François Bourguignon
language : en
Publisher: World Bank Publications
Release Date : 2003

The Impact Of Economic Policies On Poverty And Income Distribution written by François Bourguignon and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Economic assistance categories.


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.



Identifying Constraints To Financial Inclusion And Their Impact On Gdp And Inequality A Structural Framework For Policy


Identifying Constraints To Financial Inclusion And Their Impact On Gdp And Inequality A Structural Framework For Policy
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Author : Ms. Era Dabla-Norris
language : en
Publisher: International Monetary Fund
Release Date : 2015-01-27

Identifying Constraints To Financial Inclusion And Their Impact On Gdp And Inequality A Structural Framework For Policy written by Ms. Era Dabla-Norris and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-01-27 with Business & Economics categories.


We develop a micro-founded general equilibrium model with heterogeneous agents to identify pertinent constraints to financial inclusion. We evaluate quantitatively the policy impacts of relaxing each of these constraints separately, and in combination, on GDP and inequality. We focus on three dimensions of financial inclusion: access (determined by the size of participation costs), depth (determined by the size of collateral constraints resulting from limited commitment), and intermediation efficiency (determined by the size of interest rate spreads and default possibilities due to costly monitoring). We take the model to a firm-level data from the World Bank Enterprise Survey for six countries at varying degrees of economic development—three low-income countries (Uganda, Kenya, Mozambique), and three emerging market countries (Malaysia, the Philippines, and Egypt). The results suggest that alleviating different financial frictions have a differential impact across countries, with country-specific characteristics playing a central role in determining the linkages and tradeoffs between inclusion, GDP, inequality, and the distribution of gains and losses.



The Impact Of Economic Policies On Poverty And Income Distribution


The Impact Of Economic Policies On Poverty And Income Distribution
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Author : François Bourguignon
language : en
Publisher: World Bank
Release Date : 2003

The Impact Of Economic Policies On Poverty And Income Distribution written by François Bourguignon and has been published by World Bank this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Business & Economics categories.


This book reviews methods for evaluating the poverty and distributional impact of economic policy choices and identifies best practices. These techniques help quantify the trade-offs and consequences of economic policies that affect countries through various channels. Each chapter addresses a specific evaluation technique and its applications, with household survey data used for descriptions of economic welfare distribution. The approach used examines the topic from the micro level, as well as the links between macro modeling and the microeconomic distribution of economic welfare.



Growth Inequality And Poverty


Growth Inequality And Poverty
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Author : Anthony Shorrocks
language : en
Publisher: Oxford University Press on Demand
Release Date : 2005

Growth Inequality And Poverty written by Anthony Shorrocks and has been published by Oxford University Press on Demand this book supported file pdf, txt, epub, kindle and other format this book has been release on 2005 with Business & Economics categories.


The relationship between growth, inequality, and poverty lies at the heart of development economics. This volume draws together many of the most important recent contributions to the controversies surrounding this topic. Some of the chapters help explain why there is profound disagreement on crucial issues of growth, poverty and inequality within academic circles, and among organizations and various groups active in the development field. Another central theme is the cross-country evidence on the relationship between growth and poverty, and the extent to which it is valid to draw policy conclusions from this empirical evidence. The volume also shows how new microeconomic techniques such as poverty maps and microsimulation models can be used to improve poverty analysis and the design of pro-poor policies. The overall conclusion points to the need for diverse strategies towards growth and poverty, rather than simple blanket policy rules. Initial conditions, specific country structures, and time horizons all play a significant role. Initial conditions affect the speed with which growth reduces poverty and can also determine whether policies such as trade liberalization have a pro-poor or an anti-poor outcome. Improved education is valuable in itself, and also contributes to poverty reduction; but its effect on inequality depends on supply and demand factors, which differ significantly across countries. Likewise, the quantitative impact on poverty of redistribution from the rich to the poor vis-a-vis an increase in total national income can vary greatly across countries. Hence the need for creative approaches to poverty which take full account of the specific circumstances of individual nations and which assign a central role to inequality analysis in the discussion of poverty-alleviation policies.



Economic Growth Inequality And Poverty


Economic Growth Inequality And Poverty
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Author : Richard H. Adams
language : en
Publisher: World Bank Publications
Release Date : 2003

Economic Growth Inequality And Poverty written by Richard H. Adams and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003 with Economic development categories.