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Poverty and Distributional Impact of Economic Policies and External Shocks
Jann Lay
2007
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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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Keywords
- America
- Approaches
- Armut
- Case
- Combining
- Development economics & emerging economies
- Distributional
- economic
- Economic Theory & Philosophy
- Economics
- Economics, finance, business & management
- External
- from
- impact
- Income distribution
- Inzidenz (Wirtschaft)
- Kolumbien
- Labour Economics
- Latin
- Macro
- Macro-micro model
- Micro
- Microsimulation
- Policies
- Political Science & Theory
- Politics & government
- Poverty
- Resource boom
- Shocks
- Society & Social Sciences
- studies
- thema EDItEUR::J Society and Social Sciences::JP Politics and government::JPA Political science and theory
- thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCA Economic theory and philosophy
- thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCF Labour / income economics
- thema EDItEUR::K Economics, Finance, Business and Management::KC Economics::KCM Development economics and emerging economies
- Three
- Trade policy
Links
DOI: 10.3726/b13887Editions