Macroeconomic Policies and Poverty Reduction (Routledge Studies in the Modern World Economy)

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. Macroeconomic Policies And Poverty Reduction Goes Beyond The Traditional Literature On Poverty, Dealing With This Critical Topic In A Technically Sophisticated, Yet Accessible, Manner. Recognizing That Economic Growth Is Crucial For Poverty Reduction, This Book Nevertheless Emphasizes The Importance Of Particular Country Circumstances In Mediating The Relationship Between Growth And Poverty Reduction. The Innovative Essays Use Country Case Studies To Analyze How The Political Economy Of Budgetary Decisions, Financial Reforms, And Trade Liberalization, And Periods Of Crises Affect Inequality And Poverty.--jacket. Macroeconomic Policies And Poverty Reduction : Stylized Facts And An Overview Of Research / Ratna Sahay, Paul Cashin, Paolo Mauro, Catherine Pattillo -- Evaluating The Poverty Impact Of Economic Policies : Some Analytical Challenges / Francois Bourguignon, Luiz A. Pereira Da Silva, Nicholas Stern -- Trade, Growth, And Poverty : A Selective Survey / Andrew Berg, Anne Krueger -- Odious Debt / By Seema Jayachandran, Michael Kremer -- Aid And Fiscal Management / Aleš Bulíř, Timothy Lane -- Who Is Protected? : On The Incidence Of Fiscal Adjustment / Martin Ravallion -- Understanding The Evolution Of Inequality During Transition : The Optimal Income Taxation Framework / Ravi Kanbur, Matti Tuomala -- Evaluation Of Financial Liberalization : A General Equilibrium Model With Constrained Occupation Choice / Xavier Giné, Robert M. Townsend -- Trade Reforms And Income Inequality In Colombia / Orazio Attanasio, Pinelopi K. Goldberg, Nina Pavcnik -- Financial Crises, Poverty, And Income Distribution / Emanuele Baldacci, Luiz De Mello, Gabriela Inchauste -- Growth And Shocks : Evidence From Rural Ethiopia / Stefan Dercon -- Economic Shocks, Wealth, And Welfare / Elizabeth Frankenberg, James P. Smith, Duncan Thomas. Edited By Ashoka Mody And Catherine Pattilo. Includes Bibliographical References And Index. Macroeconomic policies and poverty reduction : stylized facts and an overview of research / by Ratna Sahay, Paul Cashin, Paolo Mauro and Catherine Pattillo Evaluating the poverty impact of economic policies : some analytical challenges / by Francois Bourguignon, Luiz Pereira da Silva and Nicholas Stern Trade, growth, and poverty : a selective survey / by Andrew Berg and Anne Krueger Odious debt / by Seema Jayachandran and Michael Kremer Aid and fiscal management / by Aleš Bulír and Timothy Lane Who is protected? On the incidence of fiscal adjustment / by Martin Ravallion Understanding the evolution of inequality during transition : the optimal income taxation framework / by Ravi Kanbur and Matti Tuomala Evaluation of financial liberalization : a general equilibrium model with constrained occupation choice / by Xavier Giné and Robert M. Townsend Trade reforms and income inequality in Colombia / by Orazio Attanasio, Pinelopi Goldberg, and Nina Pavcnik Financial crises, poverty, and income distribution / by Emanuele Baldacci, Luiz de Mello, and Gabriela Inchauste Growth and shocks : evidence from rural Ethiopia / by Stefan Dercon Economic shocks, wealth, and welfare / by Elizabeth Frankenberg, James P. Smith, and Duncan Thomas. Book Cover......Page 1 Half-Title......Page 2 Series Title......Page 3 Title......Page 8 Copyright......Page 9 Contents......Page 10 Figures......Page 12 Boxes......Page 14 Tables......Page 15 Contributors......Page 19 Part I Issues in macroeconomics and poverty......Page 24 Can public policies lower poverty?......Page 26 1 Macroeconomic policies and poverty reduction......Page 37 2 Evaluating the poverty impact of economic policies......Page 59 3 Trade, growth, and poverty......Page 93 Part II Public finances......Page 134 4 Odious debt......Page 136 5 Aid and fiscal management......Page 147 6 Who is protected?......Page 172 7 Understanding the evolution of inequality during transition......Page 193 Part III Finance and trade......Page 209 8 Evaluation of financial liberalization......Page 211 9 Trade reforms and wage inequality in Colombia......Page 252 Part IV Crises and shocks......Page 290 10 Financial crises, poverty, and income distribution......Page 292 11 Growth and shocks......Page 331 12 Economic shocks, wealth, and welfare......Page 353 Index......Page 393 This book deals 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