Download or read book Essays on the Macroeconomics of Poverty Reduction written by Radhicka Kapoor and published by . This book was released on 2011 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Poverty remains one of the most pressing issues of our time. Understanding the impact of macroeconomic policy on poverty through growth and distribution of income is of considerable interest and this is what I examine in this dissertation. In Chapter 1, 'The Arithmetic of the Poverty-Growth- Inequality Triangle-Evidence from States of India', I use an arithmetic approach to examine how growth and income distribution matter simultaneously to poverty reduction by separating changes in poverty into a growth and distribution component. The results indicate that the poor benefit more from increasing aggregate growth than reducing inequality. In fact, bulk of the poverty reduction is concentrated in a period which witnessed the steepest increase in inequality since the effect of growth on poverty was large enough to overturn the effect of adverse distributional changes. Also, there is a great deal of heterogeneity in the poverty reduction performances of states, in particular the growth elasticity of poverty. I examine this heterogeneity in Chapter 2, 'The Empirics of the Poverty-Growth-Inequality Triangle: Does High Initial Poverty Matter?- Evidence from Rural India'. The more equal the initial income distribution and the higher the initial level of development, the greater is the growth elasticity of poverty. This empirical analysis also examines the impact of initial poverty on the pace of poverty reduction via its impact on economic growth and growth elasticity of poverty. Initial poverty has no adverse impact on growth; however it may lower the growth elasticity of poverty slightly. Furthermore, I find evidence of poverty convergence. In Chapter 3, 'Fiscal Policy and Macroeconomic Stabilility: Automatic Stabilizers Work, Always and Everywhere', I examine what can be done to protect the poor from macroeconomic shocks and volatility. Developed countries have in place in-built Counter cyclical automatic stabilizers to protect the poor from macroeconomic shocks and volatility and there is a vast literature on their effectiveness in reducing output volatility. Their effectiveness in developing countries has not been empirically validated. Using a sample of 49 countries, we estimate the impact of automatic stabilizers on output volatility and find that they strongly contribute to output stability regardless of the type of economy.
Download or read book Poverty Prosperity and the World Economy written by Shahen Abrahamian and published by Springer. This book was released on 1995-08-14 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: A distinguished group of international and development economists surveys the major issues in international development finance and trade. They are particularly concerned to consider the implications of trade and finance for global poverty and prosperity. The book includes an assessment of the life and work of Sidney Dell, in whose memory it has been written.
Download or read book Globalization and Poverty written by Ann Harrison and published by University of Chicago Press. This book was released on 2007-11-01 with total page 674 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.
Download or read book Poverty Inequality and Development written by Alain de Janvry and published by Springer Science & Business Media. This book was released on 2006-06-09 with total page 390 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection of essays honors a remarkable man and his work. Erik Thorbecke has made significant contributions to the microeconomic and the macroeconomic analysis of poverty, inequality and development, ranging from theory to empirics and policy. The essays in this volume display the same range. As a collection they make the fundamental point that deep understanding of these phenomena requires both the micro and the macro perspectives together, utilizing the strengths of each but also the special insights that come when the two are linked together. After an overview section which contains the introductory chapter and a chapter examining the historical roots of Erik Thorbecke's motivations, the essays in this volume are grouped into four parts, each part identifying a major strand of Erik's work—Measurement of Poverty and Inequality, Micro Behavior and Market Failure, SAMs and CGEs, and Institutions and Development. The range of topics covered in the essays, written by leading authorities in their own areas, highlight the extraordinary depth and breadth of Erik Thorbecke's influence in research and policy on poverty, inequality and development. Acknowledgements These papers were presented at a conference in honor of Erik Thorbecke held at Cornell University on October 10-11, 2003. The conference was supported by the funds of the H. E. Babcock Chair in Food, Nutrition and Public Policy, and the T. H. Lee Chair in World Affairs at Cornell University.
Download or read book Political Economy of Poverty Eradication in India and Essays on Fiscal Reform written by Raja J Chelliah and published by SAGE Publications Pvt. Limited. This book was released on 2010-04-09 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together three posthumous of Dr. Chelliah on reforms and poverty alleviation. Together they unravel the working of the Indian political economy and explain the causes behind persistent poverty in the country despite economic growth. The essays address the issues of effective means of poverty reduction by the states, reforms of federal fiscal relations, and taxes. Dr. Chelliah's central premise is that the major fault of India's economic policy has been that it was largely based on democratic socialist thought, thereby entrusting the government with the greatest responsibility, but without delineating in sufficient detail of how the government should respond to the challenge.
Download or read book Essays on the Macroeconomic Impact of Poverty written by Carol Sandy and published by . This book was released on 2000 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Macroeconomic Policy and Poverty Reduction written by Mr.Brian Ames and published by International Monetary Fund. This book was released on 2001-08-20 with total page 72 pages. Available in PDF, EPUB and Kindle. Book excerpt: This pamphlet excerpts a chapter on macroeconomic policy from the Poverty Reduction Policy Source book, a guide prepared by the World Bank and IMF to assist countries in developing and strengthening their poverty reduction strategies. It probes the relationship between macroeconomic policy matters, such as growth and inflation, and the fight against poverty, and explains how sound monetary and fiscal policies-key tools of the macroeconomist-can help to spur growth and ease poverty.
Download or read book Development Economics and Social Justice written by Michael A. Tribe and published by Ashgate Publishing, Ltd.. This book was released on 2005 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Professor Ian Livingstone is one of a small group of British development economists who have achieved international renown and recognition. The objective of this book is to pay tribute to his life's work, particularly those aspects which related to key but challenging development issues. These issues include, at a broad level, the understanding of the economic forces determining the development of low income economies, more detailed micro work on agricultural development (irrigation in particular), decentralisation and local government finance, small scale enterprises, and large scale manufacturing development. Themes running through his work relate to his over-riding concern for rigour and for socio-economic justice.
Download or read book Macroeconomic Policies and Poverty written by Ashoka Mody and published by . This book was released on 2013-05-03 with total page 395 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Growth Poverty and Inequality Dynamics written by Julian Weisbrod and published by . This book was released on 2018 with total page 156 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the Second World War the world has seen an economic growth spurt unprecedented in history. Economic growth is a necessary but not sufficient condition for improving human development, or in other words, economic growth is an important pre-requisite for the ultimate goal of human well-being. The four empirical essays of this book add to the general debate concerning dynamics of growth, poverty and inequality over the past 40 years from four different dimensions. The first chapter analyses the dynamics of the cross-country per capita income distribution and the existence of convergence clubs. The second chapter focuses on the dynamic development of the global income distribution and resulting implications for global income convergence, poverty reduction, pro-poor growth and the evolution of global inequality within and between countries. The third chapter investigates the deterministic relationship between ethnic fractionalisation and growth in a macro cross-country regression framework. Finally, the fourth chapter adds to the understanding of micro determinants of growth and poverty in the context of Indonesia.
Download or read book Development MacRoeconomics Global Issues and Human Development written by Parvesh K. Chopra and published by Wisdom House. This book was released on 2012-07-01 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: Development macroeconomics studies the nature and behaviour of economic agents at aggregate level with special reference to developing countries by adopting analytical tools and models of modern macroeconomics. The present book reflects the intertwining connections among development macroeconomics, global issues and human development. The basic focus of the book is to present new analysis and empirical works on various vital issues such as country risk, brain drain, urban bias, economic, fi nancial and skills crises, poverty alleviation, business social responsibility, corporate governance, exploitation, sovereign debt, health economics, alcohol consumption and Gandhian political economy that have recently gained importance among developing countries. Th is book is a useful compendium for the study of these issues and other themes important in Professor B.N. Ghosh's works. Considering its coverage and depth, this is a crucial book for policy-oriented economists and theorists, researchers, teachers, and informed students.
Download or read book Essays in economics written by J. Tobin and published by . This book was released on 1971 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In a period marked by revisionism in economic theory and retrenchment in the public goals of economic policy, Tobin remains committed to the standard he has upheld throughout his professional life. He is an eclectic Keynesian in theory whose socioeconomic concern is to reduce poverty, inequality, and discrimination through the maintenance of full employment and economic growth and through such policies as the negative income tax and other income transfers.These 28 essays, covering Tobinïs work in macroeconomics from the early 1940s to 1970 are grouped into three parts - macroeconomic theory, economic growth, and money and finance.James Tobin is Sterling Professor of Economics at Yale.
Download or read book The Long Debate on Poverty written by Ronald Max Hartwell and published by London : Institute of Economic Affairs. This book was released on 1974 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Essays in Macroeconomics with Heterogeneous Agents written by Nikita R. Céspedes Reynaga and published by . This book was released on 2011 with total page 98 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This thesis is a collection of essays on development economics from a macro-quantitative perspective. These issues are studied in subsequent chapters. In Chapter 1, I study migration from a quantitative perspective. Developing countries have experienced an outstanding outflow of skilled workers (brain drain) over the last several decades. Additionally, migrants tend to be tied to their country of birth, since they send large amounts of remittances to their relatives. Furthermore, migration is not permanent, since a considerable number of workers return to their country of birth after a migration spell. In this paper I develop a model that is consistent with these facts. I use this model to address some important issues in the migration literature from a theoretical perspective. I study the general equilibrium effects of migration, its long-term effects, its welfare effects, and evaluate whether the joint effect of return migration and remittances is strong enough to offset the effects of the brain drain (effects of skilled migration). In a final step, I evaluate the effectiveness of policy interventions that attempt to offset the effects of the brain drain. In Chapter 2, I study the economic effects of an anti-poverty conditional cash transfers (CCT) policy by using a stylized dynamic general equilibrium model. I look at the program's impact on output, human capital, poverty and income inequality. I also study its welfare implications and its effects on the intergenerational transmission of poverty. The quantitative analysis reveals that a long-term implementation of this anti-poverty program helps to reduce the intergenerationa transmission of poverty. In aggregate terms the welfare gain is small but varies across agents; the winners are those who are in the lower tail of the income distribution and the losers are those located in the upper tail. Finally, this program increases the human capital of households and, through this channel, induces a consistent reduction of both poverty and income inequality"--Page v-vi.
Download or read book Essays in Economics written by James Tobin and published by Mit Press. This book was released on 1987-04 with total page 544 pages. Available in PDF, EPUB and Kindle. Book excerpt: These 28 essays, covering Tobin's work in macroeconomics from the early 1940s to 1970 are grouped into three parts - macroeconomic theory, economic growth, and money and finance. In a period marked by revisionism in economic theory and retrenchment in the public goals of economic policy, Tobin remains committed to the standard he has upheld throughout his professional life. He is an "eclectic Keynesian" in theory whose socioeconomic concern is to reduce poverty, inequality, and discrimination through the maintenance of full employment and economic growth and through such policies as the negative income tax and other income transfers. These 28 essays, covering Tobin's work in macroeconomics from the early 1940s to 1970 are grouped into three parts - macroeconomic theory, economic growth, and money and finance. Essays in Economics: Volume 3, Theory and Policy was published by The MIT Press in 1982. Back in print.
Download or read book Essays in economics written by J. Tobin and published by . This book was released on 1975 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: In a period marked by revisionism in economic theory and retrenchment in the public goals of economic policy, Tobin remains committed to the standard he has upheld throughout his professional life. He is an eclectic Keynesian in theory whose socioeconomic concern is to reduce poverty, inequality, and discrimination through the maintenance of full employment and economic growth and through such policies as the negative income tax and other income transfers.These 28 essays, covering Tobinïs work in macroeconomics from the early 1940s to 1970 are grouped into three parts - macroeconomic theory, economic growth, and money and finance. James Tobin is Sterling Professor of Economics at Yale. Essays in Economics: Volume 3, Theory and Policy was published by The MIT Press in 1982.
Download or read book The Macroeconomics of Poverty Reduction written by Pierre-Richard Agénor and published by . This book was released on 2004 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt: