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The Poverty and Distributional Impact of Macroeconomic Shocks and Policies

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Release : 2005
Genre : Financial crises
Kind : eBook
Book Rating : 242/5 ( reviews)

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Book Synopsis The Poverty and Distributional Impact of Macroeconomic Shocks and Policies by : Boniface Essama-Nssah

Download or read book The Poverty and Distributional Impact of Macroeconomic Shocks and Policies written by Boniface Essama-Nssah. This book was released on 2005. Available in PDF, EPUB and Kindle. Book excerpt: "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.

The Poverty and Distributional Impact of Macroeconomic Shocks and Policies

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Author :
Release : 2012
Genre :
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis The Poverty and Distributional Impact of Macroeconomic Shocks and Policies by : B. Essama-Nssah

Download or read book The Poverty and Distributional Impact of Macroeconomic Shocks and Policies written by B. Essama-Nssah. This book was released on 2012. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Protecting the Poor from Macroeconomic Shocks

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Author :
Release : 1999
Genre : Banks and Banking Reform
Kind : eBook
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Book Synopsis Protecting the Poor from Macroeconomic Shocks by : Francisco H. G. Ferreira

Download or read book Protecting the Poor from Macroeconomic Shocks written by Francisco H. G. Ferreira. This book was released on 1999. Available in PDF, EPUB and Kindle. Book excerpt: 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.

The Impact of Macroeconomic Policies on Poverty and Income Distribution

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Release : 2008-01-01
Genre : Political Science
Kind : eBook
Book Rating : 794/5 ( reviews)

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Book Synopsis The Impact of Macroeconomic Policies on Poverty and Income Distribution by : François Bourguignon

Download or read book The Impact of Macroeconomic Policies on Poverty and Income Distribution written by François Bourguignon. This book was released on 2008-01-01. Available in PDF, EPUB and Kindle. Book excerpt: 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.

Poverty and Distributional Impact of Economic Policies and External Shocks

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Release : 2018
Genre :
Kind : eBook
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Book Synopsis Poverty and Distributional Impact of Economic Policies and External Shocks by : Jann Lay

Download or read book Poverty and Distributional Impact of Economic Policies and External Shocks written by Jann Lay. This book was released on 2018. Available in PDF, EPUB and Kindle. Book excerpt: Economists have had much to say about the impact of economic policies on growth, but little on their distributional consequences and poverty impact. The reorientation of development policy from structural adjustment to poverty reduction as the central objective thus called for new tools to examine distributional change. This book analyzes the poverty and distributional impact of policy changes and external shocks in three case studies from Latin America: Trade liberalization in Colombia and Brazil, and the gas boom in Bolivia. It uses an innovative approach that combines computable general equilibrium and microsimulation models. The country applications illustrate that distributional consequences depend very much on the nature of the shock or policy change as well as the characteristics of the country in question. The book issues a warning against policy prescriptions being based on oversimplifying assumptions and models.

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