Simulating the poverty impact of macroeconomic shocks and policies
Simulating the poverty impact of macroeconomic shocks and policies:

"Developing countries face a host of macroeconomic challenges in the design and implementation of development strategies and policies. The importance of the underlying poverty and distributional issues creates a need for relevant and reliable ways of tracking the social impact of shocks and pol...

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Bibliographische Detailangaben
1. Verfasser: Essama-Nssah, Boniface (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: [Washington, D.C] World Bank 2005
Schriftenreihe:Policy research working paper 3788
Schlagworte:
Entwicklungsländer
Wirtschaftspolitik
Developing countries > Economic policy
Business cycles > Developing countries
Poverty > Developing countries
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Zusammenfassung:"Developing countries face a host of macroeconomic challenges in the design and implementation of development strategies and policies. The importance of the underlying poverty and distributional issues creates a need for relevant and reliable ways of tracking the social impact of shocks and policies. This paper describes and demonstrates the use of a stylized framework for simulating the poverty implications of the Dutch disease, a change in the terms of trade and budgetary policy. The basic approach is to embed a Lorenz model of the size distribution of economic welfare in a general equilibrium model of an open economy. It is observed that, while aggregate welfare and poverty effects may be negligible, the structural and distributional impacts tend to be significant. The latter drive the political economy of policymaking and point to the need for an analytical framework that accounts for both the structural richness of the economy and the heterogeneity of the stakeholders "--World Bank web site
Beschreibung:Includes bibliographical references. - Title from PDF file as viewed on 12/7/2005
Erscheinungsjahr in Vorlageform:[2005]
Weitere Ausgabe: Essama-Nssah, B : Simulating the poverty impact of macroeconomic shocks and policies
Beschreibung:1 Online-Ressource
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