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Is Growth Enough? Macroeconomic Policy and Poverty Reduction

Is Growth Enough? Macroeconomic Policy and Poverty Reduction »

Source: Is Growth Enough? Macroeconomic Policy and Poverty Reduction

Volume/Issue: 2002/118

Series: IMF Working Papers

Author(s): Carlos Leite , Charalambos Tsangarides , and Dhaneshwar Ghura

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2002

ISBN: 9781451854091

Keywords: Macroeconomic Policy, Bayesian Analysis, probability, logarithm, equation, correlation, Multiple or Simultaneous Equation Models: Models with Panel Data, Measurement and Analysis of Poverty, Comparative Studies of Countries,

The paper investigates the existence of "super pro-poor" policies-that is, policies that directly influence the income of the poor after accounting for the effect of growth. It uses a dynamic panel estimator to cap...

Structural Reforms and Regional Convergence

Structural Reforms and Regional Convergence »

Source: Structural Reforms and Regional Convergence

Volume/Issue: 2012/106

Series: IMF Working Papers

Author(s): Antonio Spilimbergo , and Natasha Che

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2012

ISBN: 9781475503272

Keywords: Structural reforms, regional convergence, equation, wage, minimum wage, severance payment, statistics, Macroeconomic Analyses of Economic Development, Economic Development: Regional, Urban

Which structural reforms affect the speed the regional convergence within a country? We found that domestic financial development, trade/current account openness, better institutional infrastructure, and selected l...

Sustaining Latin America's Resurgence

Sustaining Latin America's Resurgence »

Source: Sustaining Latin America's Resurgence : Some Historical Perspectives

Volume/Issue: 2006/252

Series: IMF Working Papers

Author(s): Anoop Singh , and Martin Cerisola

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2006

ISBN: 9781451865127

Keywords: Macroeconomic Policy, Policy Design and Consistency, Economic Growth, Open Economies, fiscal policy, exchange rate, exchange rate regimes, discretionary fiscal policy, exchange rates, Prices

This paper looks at the historical lessons that might serve to entrech Latin America's newly resurgent growth phase. It briefly reviews the post-World War II experiences in Latin America and Asia, focusing on the c...

Accelerating And Sustaining Growth

Accelerating And Sustaining Growth »

Source: Accelerating And Sustaining Growth : Economic and Political Lessons

Volume/Issue: 2012/185

Series: IMF Working Papers

Author(s): Arvind Virmani

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2012

ISBN: 9781475505337

Keywords: High Growth Economies, Policy Reforms, Timing and Phasing., import liberalization, competitive pressure, external shocks, per capita income, per capita growth rate, Macroeconomic Analyses of Economic Development, Economic Growth and Aggregate Productivity: General

The paper reviews and draws lessons from the experience of fast growing economies including a sub-set of these termed High Growth Economies (HGEs) with a decadal rate of over 7 per cent. It then reviews the history...

Macroeconomic Performance and Poverty Reduction

Macroeconomic Performance and Poverty Reduction »

Volume/Issue: 2003/72

Series: IMF Working Papers

Author(s): Anne Epaulard

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2003

DOI: http://dx.doi.org/10.5089/9781451849363.001

ISBN: 9781451849363

Keywords: Growth, Macroeconomic Policies, inflation, terms of trade, transition economies, trade openness, Open Economy Macroeconomics, Measurement and Analysis of Poverty,

This paper investigates the link between macroeconomic performance and the change in the poverty rate among 47 episodes of growth and 52 episodes of economic downturn in developing and transition economies. We show...

The Effects of U.S. Unconventional Monetary Policy on Asia Frontier Developing Economies

The Effects of U.S. Unconventional Monetary Policy on Asia Frontier Developing Economies »

Volume/Issue: 2015/18

Series: IMF Working Papers

Author(s): Sohrab Rafiq

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 23 January 2015

DOI: http://dx.doi.org/10.5089/9781498334037.001

ISBN: 9781498334037

Keywords: unconventional monetary policy, interest rates, exchange rate, international monetary fund, Monetary Policy (Targets, Instruments, and Effects), Open Economy Macroeconomics,

This paper explores the effect of U.S. unconventional monetary policy (QE2) on a group of frontier developing economies (FDEs) in Asia. This paper finds that spillovers emanating from the U.S. on FDEs in Asia have...

Options and Strategies for Fiscal Consolidation in India

Options and Strategies for Fiscal Consolidation in India »

Volume/Issue: 2013/127

Series: IMF Working Papers

Author(s): Sampawende Tapsoba

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 29 May 2013

DOI: http://dx.doi.org/10.5089/9781484382257.001

ISBN: 9781484382257

Keywords: open economy macroeconomics, DSGE models, fiscal policy, fiscal multipliers, fiscal tightening, fiscal balance, Deficit,

The paper uses a multi-region DSGE model to quantify the macroeconomic implications of three adjustment scenarios for India: growth-friendly, social-friendly, and a benchmark case centered on bringing down unproduc...

Democracy and Reforms
			: Evidence from a New Dataset

Democracy and Reforms : Evidence from a New Dataset »

Volume/Issue: 2010/173

Series: IMF Working Papers

Author(s): Antonio Spilimbergo , Paola Giuliano , and Prachi Mishra

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 July 2010

DOI: http://dx.doi.org/10.5089/9781455201846.001

ISBN: 9781455201846

Keywords: institutions, transition, economic liberalization, correlation, statistical significance, neighboring countries, trade reforms, statistics, Comparative Studies of Countries, Macroeconomic - Aspects Of Public Finance

Empirical evidence on the relationship between democracy and economic reforms is limited to few reforms, countries, and years. This paper studies the impact of democracy on the adoption of economic reforms using a...

Financial Inclusion in Asia-Pacific

Financial Inclusion in Asia-Pacific »

Volume/Issue: 2018/17

Series: Departmental Papers / Policy Papers

Author(s): Elena Loukoianova , Yongzheng Yang , Si Guo , Leni Hunter , Sarwat Jahan , Fazurin Jamaludin , and Johanna Schauer

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 18 September 2018

DOI: http://dx.doi.org/10.5089/9781484371015.087

ISBN: 9781484371015

Keywords: Financial inclusion, Financial institutions, Financial services industry, Poor, financial inclusion, macroeconomic policymaking, fintech, Asia, Asia Pacific, Pacific

Asia has made significant progress in financial inclusion, but both its across-country and intra-country disparities are among the highest in the world. The gaps between the rich and the poor, rural and urban popul...

What Explains India's Real Appreciation?

What Explains India's Real Appreciation? »

Volume/Issue: 2007/268

Series: IMF Working Papers

Author(s): Renu Kohli , and Sudip Mohapatra

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2007

DOI: http://dx.doi.org/10.5089/9781451868319.001

ISBN: 9781451868319

Keywords: Tradable, nontradable, real exchange, appreciation, macroeconomic policy, relative price, per capita income, terms of trade, nontradable goods,

We examine the evolution of nontradable and tradable prices in the Indian economy over 1980-2002 and find widening differentials: the real exchange rate has been appreciating. This might seem unsurprising, since In...