The Impact of MacroEconomic Policies on Poverty and Income Distribution PDF Download

Author: Luiz A. Pereira da Silva
Publisher: World Bank Publications
ISBN: 0821372696
Category : Political Science
Languages : en
Pages : 360

View

Book Description
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: François Bourguignon
Publisher: World Bank Publications
ISBN: 0821354914
Category : Economic assistance
Languages : en
Pages : 440

View

Book Description
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.

Author: François Bourguignon
Publisher: World Bank
ISBN: 9780821354919
Category : Business & Economics
Languages : en
Pages : 418

View

Book Description
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.

Author: Boniface Essama-Nssah
Publisher: World Bank Publications
ISBN: 5081013242
Category : Financial crises
Languages : en
Pages : 78

View

Book Description
"The importance of distributional issues in policymaking creates a need for empirical tools to assess the social impact of economic shocks and policies. This paper reviews some of the modeling approaches that are currently in use at the World Bank and other international financial institutions. The specification of these models is dictated by the issues at stake, the knowledge about the nature of the process involved, and the availability and reliability of relevant data. Furthermore, shocks and policies have macroeconomic, structural, and distributional implications. This creates interdependence between such policy issues. Finally, the distributional impact of shocks and policies hinges on the heterogeneity of socioeconomic agents with respect to endowments and behavior. In the end, each modeling approach should be judged on how well it handles the interdependence between policy issues and the heterogeneity of the stakeholders, given other constraints. " -- Cover verso.

Author: Santosh K. Mehrotra
Publisher: Zed Books
ISBN: 9781842777732
Category : Business & Economics
Languages : en
Pages : 458

View

Book Description
This examination of how basic social services, particularly education, health and water, can be financed and delivered more effectively departs from the dominant macro-economic paradigm. Drawing on their own broad-ranging research at UNICEF and UNDP, the authors argue that fiscal, monetary, and other macro-economic policies for poverty reduction, human development and economic growth can be compatible with micro-level interventions to provide basic social services. Policymakers have more flexibility than is usually assumed to engage in macro-economic and growth-oriented policies that can also expand human capabilities and fulfill human rights. More than just more aid is needed. Strategic shifts in aid policy, decentralized governance, health and education and the private-public mix in service provision are a prerequisite to achieve the goals of human development and to eliminate human poverty within a generation.

Author: Francisco H. G. Ferreira
Publisher: World Bank Publications
ISBN:
Category : Banks and Banking Reform
Languages : en
Pages : 28

View

Book Description
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
ISBN: 1135994587
Category : Business & Economics
Languages : en
Pages : 400

View

Book Description
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: Alan J. Auerbach
Publisher: Russell Sage Foundation
ISBN: 161044020X
Category : Political Science
Languages : en
Pages : 432

View

Book Description
Over the last forty years, rising national income has helped reduce poverty rates, but this has been accompanied by an increase in economic inequality. While these trends are largely attributed to technological change and demographic shifts, such as changing birth rates, labor force patterns, and immigration, public policies have also exerted a profound affect on the welfare of Americans. In Public Policy and the Income Distribution, editors Alan Auerbach, David Card, and John Quigley assemble a distinguished roster of policy analysts to confront the key questions about the role of government policy in altering the level and distribution of economic well being. Public Policy and the Income Distribution tackles many of the most difficult and intriguing questions about how government intervention—or lack thereof—has affected the incomes of everyday Americans. Rebecca Blank analyzes welfare reform, and presents systematic research on income, poverty rates, and welfare and labor force participation of single mothers. She finds that single mothers worked more and were less dependent on public assistance following welfare reform, and that low-skilled single mothers had no greater difficulty finding work than others. Timothy Smeeding compares poverty reduction programs in the United States with policies in other developed countries. Poverty and inequality are higher in the United States than in other advanced economies, but Smeeding argues that this is largely a result of policy choices. Poverty rates based on market incomes alone are actually lower in the United States than elsewhere, but government interventions in the United States were less than half as effective at reducing poverty as were programs in the other countries. The most dramatic poverty reduction story of twentieth century America was seen among the elderly, who went from being the age group most likely to live in poverty in the 1960s to the group least likely to be poor at the end of the century. Gary Englehardt and Jonathan Gruber examine the role of policy in alleviating old-age poverty by estimating the impact of Social Security benefits on the income of the elderly poor. They find that the growth in Social Security almost completely explains the large decline in elderly poverty in the United States The twentieth century was remarkable in the extent to which advances in public policy helped improve the economic well being of Americans. Synthesizing existing knowledge on the effectiveness of public policy and contributing valuable new research, Public Policy and the Income Distribution examines public policy's successes, and points out the areas in which progress remains to be made.

Author: Ms.Anne Epaulard
Publisher: International Monetary Fund
ISBN: 1451849362
Category : Social Science
Languages : en
Pages : 37

View

Book Description
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.Stefania Fabrizio
Publisher: International Monetary Fund
ISBN: 1475570457
Category : Business & Economics
Languages : en
Pages :

View

Book Description
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.