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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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
[Washington, D.C]
World Bank
[2005]
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Schriftenreihe: | Policy research working paper
3788 |
Schlagworte: | |
Online-Zugang: | BSB01 EUV01 HTW01 FHI01 IOS01 Volltext |
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 |
Beschreibung: | 1 Online-Ressource |
Internformat
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author | Essama-Nssah, Boniface 1949- |
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discipline | Wirtschaftswissenschaften |
discipline_str_mv | Wirtschaftswissenschaften |
format | Electronic eBook |
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illustrated | Not Illustrated |
index_date | 2024-07-03T22:27:47Z |
indexdate | 2024-07-10T09:54:31Z |
institution | BVB |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-034336727 |
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publishDate | 2005 |
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publisher | World Bank |
record_format | marc |
series2 | Policy research working paper |
spelling | Essama-Nssah, Boniface 1949- Verfasser aut Simulating the poverty impact of macroeconomic shocks and policies B. Essama-Nssah [Washington, D.C] World Bank [2005] 1 Online-Ressource txt rdacontent c rdamedia cr rdacarrier Policy research working paper 3788 Includes bibliographical references Title from PDF file as viewed on 12/7/2005 "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 Online-Ausg Also available in print Business cycles Developing countries Poverty Developing countries Developing countries / Economic policy World Bank Sonstige oth Essama-Nssah, B Simulating the poverty impact of macroeconomic shocks and policies http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3788 Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Essama-Nssah, Boniface 1949- Simulating the poverty impact of macroeconomic shocks and policies Business cycles Developing countries Poverty Developing countries |
title | Simulating the poverty impact of macroeconomic shocks and policies |
title_auth | Simulating the poverty impact of macroeconomic shocks and policies |
title_exact_search | Simulating the poverty impact of macroeconomic shocks and policies |
title_exact_search_txtP | Simulating the poverty impact of macroeconomic shocks and policies |
title_full | Simulating the poverty impact of macroeconomic shocks and policies B. Essama-Nssah |
title_fullStr | Simulating the poverty impact of macroeconomic shocks and policies B. Essama-Nssah |
title_full_unstemmed | Simulating the poverty impact of macroeconomic shocks and policies B. Essama-Nssah |
title_short | Simulating the poverty impact of macroeconomic shocks and policies |
title_sort | simulating the poverty impact of macroeconomic shocks and policies |
topic | Business cycles Developing countries Poverty Developing countries |
topic_facet | Business cycles Developing countries Poverty Developing countries |
url | http://elibrary.worldbank.org/content/workingpaper/10.1596/1813-9450-3788 |
work_keys_str_mv | AT essamanssahboniface simulatingthepovertyimpactofmacroeconomicshocksandpolicies AT worldbank simulatingthepovertyimpactofmacroeconomicshocksandpolicies |