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This paper examines the effects of economic adjustment programs on poverty and income distribution within developing countries, particularly during the macroeconomic crises of the 1980s. It explores how stabilization and structural adjustment policies impacted living standards, with a focus on the case studies of Cote d'Ivoire and Morocco. Findings suggest that, despite the challenges posed by economic crises, policy measures aimed at restructuring economies can lead to improved resource allocation and growth, ultimately influencing poverty levels and income distribution.
The Great Recession and the Developing Countries (ed. by Mustapha Nabli), 2010
Development Cooperation in Times of Crisis, 2012
… , New York. http://www. oxfam. org. …, 2010
2009
This working paper has been commissioned by the Poverty Group, Bureau for Development Policy at UNDP, to identify the transmission mechanisms of the financial crisis from developed to developing countries and to provide broad policy recommendations at the national, global and regional level. The paper identifies three mechanisms that play a key role in spreading the consequences of the financial crisis to the developing world: remittances, capital flows and trade. The policy responses take MDG achievement and poverty reduction as the central policy concern. The paper indicates that a fair number of countries have policy space to protect vulnerable groups in the short run as well as to undertake investments to build resilience and reach these goals in the longer term. Other countries will need additional development assistance to protect development achievements. The authors point to a number of factors that need to be taken into account in determining what mix of policies to deploy including the macroeconomic, fiscal and policy stance of countries and their dynamics. The paper also proposes far-reaching reforms to address the global financial crisis, which would help to put the global macroeconomic, fiscal and financial coordination mechanisms on a firmer footing.
Policy Research Working Papers, 1999
2000
Web Site: http://www.iadb.org/sds/pov Foreword Economic insecurity is one of the most urgent concerns for both the poor and nonpoor in Latin America and the Caribbean. Economic insecurity is caused by a variety of adverse shocks, including idiosyncratic shocks such as unemployment and illness, and aggregate shocks like natural disasters. This study focuses on one particularly important aggregate shock: macroeconomic crises. Macroeconomic crises, which have been all too common in the region's recent history, are the single most important cause of rapid increases in poverty and are often accompanied by increasing inequality.
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