The Composition of Growth Matters for Poverty Alleviation - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Composition of Growth Matters for Poverty Alleviation write by Norman Loayza. This book was released on 2006. The Composition of Growth Matters for Poverty Alleviation available in PDF, EPUB and Kindle. This paper contributes to explain the cross-country heterogeneity of the poverty response to changes in economic growth. It does so by focusing on the structure of output growth. The paper presents a two-sector theoretical model that clarifies the mechanism through which the sectoral composition of growth and associated labor intensity can affect workers' wages and, thus, poverty alleviation. Then in presents cross-country empirical evidence that analyzes first, the differential poverty-reducing impact of sectoral growth at various levels of disaggregation, and the role of unskilled labor intensity in such differential impact. The paper finds evidence that not only the size of economic growth but also its composition matters for poverty alleviation, with the largest contributuons from labor-intensive sectors (such as agriculture, construction, and manufacturing). The results are robust to the influence of outliers, alternative explanations, and various poverty measures.
The Alleviation of Poverty Under Structural Adjustment
The Alleviation of Poverty Under Structural Adjustment - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Alleviation of Poverty Under Structural Adjustment write by Lionel Demery. This book was released on 1987-01-01. The Alleviation of Poverty Under Structural Adjustment available in PDF, EPUB and Kindle. This study has identified a number of examples in which concerns about the alleviation of poverty have been given some practical expression in adjustment programs. Because most of these examples are of very recent origin, it is difficult to assess how effective they have been in helping the poor. First, one striking feature of the illustrations compiled is that they are invariably orderly or planned structural adjustment programs that have often been implemented with Bank assistance (Bolivia, Cote d'Ivoire, The Gambia, Indonesia, Jamaica, and Thailand). Second, income distributions will inevitably change during adjustment. These changes are the principal incentives for resource reallocation, and without them the objectives of adjustment will not be realized. Third, the study highlights the advantages of interventions that increase the primary income claims of the poor. Finally, adjustment can act as a catalyst for policymakers to examine carefully the costs and benefits of their programs for the poor.
Our Continent, Our Future
Our Continent, Our Future - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Our Continent, Our Future write by P. Thandika Mkandawire. This book was released on 2014-05-14. Our Continent, Our Future available in PDF, EPUB and Kindle. Our Continent, Our Future presents the emerging African perspective on this complex issue. The authors use as background their own extensive experience and a collection of 30 individual studies, 25 of which were from African economists, to summarize this African perspective and articulate a path for the future. They underscore the need to be sensitive to each country's unique history and current condition. They argue for a broader policy agenda and for a much more active role for the state within what is largely a market economy. Finally, they stress that Africa must, and can, compete in an increasingly globalized world and, perhaps most importantly, that Africans must assume the leading role in defining the continent's development agenda.
New Perspectives on Structural Change
New Perspectives on Structural Change - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook New Perspectives on Structural Change write by Ludovico Alcorta. This book was released on 2021. New Perspectives on Structural Change available in PDF, EPUB and Kindle. Here is a comprehensive edited volume that outlines the historical roots and state-of-the-art debates on the role of structural change in the process of economic development, including both orthodox and heterodox perspectives and contributions from prominent scholars in this field.
Managing Currency Crises in Emerging Markets
Managing Currency Crises in Emerging Markets - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Managing Currency Crises in Emerging Markets write by Michael P. Dooley. This book was released on 2007-11-01. Managing Currency Crises in Emerging Markets available in PDF, EPUB and Kindle. The management of financial crises in emerging markets is a vital and high-stakes challenge in an increasingly global economy. For this reason, it's also a highly contentious issue in today's public policy circles. In this book, leading economists-many of whom have also participated in policy debates on these issues-consider how best to reduce the frequency and cost of such crises. The contributions here explore the management process from the beginning of a crisis to the long-term effects of the techniques used to minimize it. The first three chapters focus on the earliest responses and the immediate defense of a currency under attack, exploring whether unnecessary damage to economies can be avoided by adopting the right response within the first few days of a financial crisis. Next, contributors examine the adjustment programs that follow, considering how to design these programs so that they shorten the recovery phase, encourage economic growth, and minimize the probability of future difficulties. Finally, the last four papers analyze the actual effects of adjustment programs, asking whether they accomplish what they are designed to do-and whether, as many critics assert, they impose disproportionate costs on the poorest members of society. Recent high-profile currency crises have proven not only how harmful they can be to neighboring economies and trading partners, but also how important policy responses can be in determining their duration and severity. Economists and policymakers will welcome the insightful evaluations in this important volume, and those of its companion, Sebastian Edwards and Jeffrey A. Frankel's Preventing Currency Crises in Emerging Markets.
