The Effect Of International Monetary Fund And World Bank Programs On Poverty
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The Effect Of International Monetary Fund And World Bank Programs On Poverty
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Author : William Easterly
language : en
Publisher: World Bank Publications
Release Date : 2001
The Effect Of International Monetary Fund And World Bank Programs On Poverty written by William Easterly 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 2001 with Banco Mundial categories.
There is some evidence that IMF and World Bank adjustment lending smooths consumption for the poor, reducing the rise in poverty for any given contraction of the economy but also reducing the fall in poverty for any given expansion. Adjustment lending plays a similar role as inequality, reducing poverty's sensitivity to the economy's aggregate growth rate.
The Effect Of International Monetary Fund And World Bank Programs On Poverty
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Author : William Easterly
language : en
Publisher:
Release Date : 1999
The Effect Of International Monetary Fund And World Bank Programs On Poverty written by William Easterly and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with categories.
January 2001 There is some evidence that IMF and World Bank adjustment lending smooths consumption for the poor, reducing the rise in poverty for any given contraction of the economy but also reducing the fall in poverty for any given expansion. Adjustment lending plays a similar role as inequality, reducing poverty's sensitivity to the economy's aggregate growth rate. Structural adjustment--as measured by the number of adjustment loans from the IMF and World Bank--reduces the growth elasticity of poverty reduction. Easterly finds no evidence for structural adjustment having a direct effect on growth. The poor benefit less from output expansion in countries with many adjustment loans than they do in countries with few such loans. By the same token, the poor suffer less from an output contraction in countries with many adjustment loans than in countries with few. Why would this be? One hypothesis is that adjustment lending is countercyclical in ways that smooth consumption for the poor. There is evidence that some policy variables under adjustment lending are countercyclical, but no evidence that the cyclical component of those policy variables affects poverty. Easterly speculates that the poor may be ill placed to take advantage of new opportunities created by structural adjustment reforms, just as they may suffer less from the loss of old opportunities in sectors that were artificially protected before reform. Poverty's lower sensitivity to growth under adjustment lending is bad news when an economy expands and good news when it contracts. These results could be interpreted as giving support to either the critics or the supporters of structural adjustment programs. This paper--a product of Macroeconomics and Growth, Development Research Group--is part of a larger effort in the group to understand the effect of growth on poverty. The author may be contacted at [email protected].
The Effect Of International Monetary Fund And World Bank Programs On Poverty
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Author : William Easterly
language : en
Publisher:
Release Date : 2016
The Effect Of International Monetary Fund And World Bank Programs On Poverty written by William Easterly and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
There is some evidence that IMF and World Bank adjustment lending smooths consumption for the poor, reducing the rise in poverty for any given contraction of the economy but also reducing the fall in poverty for any given expansion. Adjustment lending plays a similar role as inequality, reducing poverty's sensitivity to the economy's aggregate growth rate. Structural adjustment - as measured by the number of adjustment loans from the IMF and World Bank - reduces the growth elasticity of poverty reduction. Easterly finds no evidence for structural adjustment having a direct effect on growth.The poor benefit less from output expansion in countries with many adjustment loans than they do in countries with few such loans. By the same token, the poor suffer less from an output contraction in countries with many adjustment loans than in countries with few. Why would this be? One hypothesis is that adjustment lending is countercyclical in ways that smooth consumption for the poor. There is evidence that some policy variables under adjustment lending are countercyclical, but no evidence that the cyclical component of those policy variables affects poverty. Easterly speculates that the poor may be ill placed to take advantage of new opportunities created by structural adjustment reforms, just as they may suffer less from the loss of old opportunities in sectors that were artificially protected before reform.Poverty's lower sensitivity to growth under adjustment lending is bad news when an economy expands and good news when it contracts. These results could be interpreted as giving support to either the critics or the supporters of structural adjustment programs.This paper - a product of Macroeconomics and Growth, Development Research Group - is part of a larger effort in the group to understand the effect of growth on poverty. The author may be contacted at [email protected].
The Globalisation Of Poverty
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Author : Michel Chossudovsky
language : en
Publisher: London, England ; Atlantic Highlands, NJ : Zed Books
Release Date : 1997
The Globalisation Of Poverty written by Michel Chossudovsky and has been published by London, England ; Atlantic Highlands, NJ : Zed Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997 with Macroeconomics categories.
Overview of macroeconomic disaster in the making
Perpetuating Poverty
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Author : Doug Bandow
language : en
Publisher:
Release Date : 1994
Perpetuating Poverty written by Doug Bandow and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Business & Economics categories.
Perpetuating Poverty is an eye-opening review of the scandalous record of the World Bank and the International Monetary Fund.
Poverty And Social Impact Analysis By The Imf
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Author : Mr.Robert Gillingham
language : en
Publisher: International Monetary Fund
Release Date : 2008-03-17
Poverty And Social Impact Analysis By The Imf written by Mr.Robert Gillingham 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 2008-03-17 with Business & Economics categories.
The Poverty Reduction and Growth Facility (PRGF) is used by the IMF to provide support for countries’ implementation of their poverty reduction and growth strategies. A key requirement in the design of PRGF programs is understanding the effects of reform program measures on vulnerable groups—particularly the poor—and how to devise measures to mitigate any negative effects. Poverty and social impact analysis (PSIA) is a critical instrument for pursuing this goal. The IMF has therefore established a small group of staff economists to facilitate the integration of PSIA into PRGF-supported programs. In this book, the group’s members review analytical techniques used in PSIA as well as several important topics to which PSIA can make valuable contributions. These reviews should prove useful and interesting to readers interested in PSIA in general and the IMF’s PSIA efforts in particular.
The Effect Of Imf And World Bank Programmes On Poverty
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Author : William Russell Easterly
language : en
Publisher:
Release Date : 2001
The Effect Of Imf And World Bank Programmes On Poverty written by William Russell Easterly and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Economic assistance categories.
Evaluation Of The Imf S Role In Poverty Reduction Strategy Papers And The Poverty Reduction And Growth Facility
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Author : Mr.Alex Segura-Ubiergo
language : en
Publisher: International Monetary Fund
Release Date : 2004-09-30
Evaluation Of The Imf S Role In Poverty Reduction Strategy Papers And The Poverty Reduction And Growth Facility written by Mr.Alex Segura-Ubiergo 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 2004-09-30 with Political Science categories.
In 1999, the IMF and the World Bank adopted a new frame work for supporting economic reform in low-income member countries to achieve the objectives of poverty reduction and economic growth. The frame work consists of two key elements: country-authored Poverty Reduction Strategy Papers, drawing on broad-based consultations with key stake holder groups; and a vehicle for the provision of IMF concessional lending, the Poverty Reduction andGrowth Facility. This evaluation takes stock of progress to date and attempts to identify short comings that may require course corrections in the design and implementation of the initiative.
The Implications Of Fund Supported Adjustment Programs For Poverty
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Author : International Monetary Fund
language : en
Publisher: International Monetary Fund
Release Date : 1988-05-05
The Implications Of Fund Supported Adjustment Programs For Poverty written by International Monetary Fund 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 1988-05-05 with Business & Economics categories.
This paper presents a study that focuses on specific adjustment programs for limited periods and is aimed largely at analyzing the short-run implications of the policy measures. The longer run implications are also discussed whenever relevant, since much of the rationale for policies and many of the beneficial effects on the poor are likely to be realized over time. The study also notes any compensatory targeting measures oriented to the poor, together with their implications for the adjustment efforts and the political viability of the programs. These analyses may provide lessons for improving the design of future adjustment programs. The chapter also summarizes the sample countries and programs; and describes the methodology used in the study. The results of the study suggest that adjustment programs in general have important distributional implications. During the process of adjustment, it is inevitable that some social groups gain while others lose, particularly when adjustment is aimed at a shift in sectoral resource allocation.
Global Monitoring Report 2014 2015
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Author : World Bank;International Monetary Fund
language : en
Publisher: World Bank Publications
Release Date : 2014-10-21
Global Monitoring Report 2014 2015 written by World Bank;International Monetary Fund 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 2014-10-21 with Business & Economics categories.
The Global Monitoring Report 2014/2015: Ending Poverty and Sharing Prosperity was written jointly by the World Bank Group (WBG) and the International Monetary Fund, with substantive inputs from the Organisation for Economic Co-operation and Development. This year's report details, for the first time, progress toward the WBG's twin goals of ending extreme poverty by 2030 and promoting shared prosperity and assesses the state of policies and institutions that are important for achieving them. The report continues to monitor progress on the Millennium Development Goals (MDGs). Also for the first time, the report includes information about high-income countries. It finds that while gaps in living standards have been closing in many countries, the well-being of households in the bottom 40 percent, as measured by the non-income MDGs such as access to education and health services, remains below that of households in the top 60 percent. The focus of this year's report is on three elements needed to make growth more inclusive and sustainable: investment in human capital that favors the poor, the best use of safety nets, and steps to ensure the environmental sustainability of economic growth. These three elements are imperative to all countries' development strategies, and are also fundamental to global efforts to achieve the twin goals, the MDGs, and the Sustainable Development Goals that will succeed the MDGs. Global Monitoring Report 2014/2015 was prepared in collaboration with regional development banks and other multilateral partners.