Arbeitspapier

Stabilizing poverty in the context of the IMF's monetary model

he IMF monetary model focuses on the balance of payments. This paper adds a poverty stabilization objective to it. Drawing on statistical income distribution theory, key aspects of the head count poverty indicator are introduced. The resulting model reproduces traditional balance of payments policy prescriptions, while showing their implications for the incidence of poverty. A balance of payments-poverty tradeoff relationship is derived. This facilitates analysis of pre-emptive policies that can stabilize the incidence of poverty when undertaking balance of payments adjustment, thereby reducing the need for costly alleviation. The suggested approach is illustrated in the context of Mexico’s 1995 stabilization episode.

Sprache
Englisch

Erschienen in
Series: Memorandum ; No. 2003,14

Klassifikation
Wirtschaft
Business Fluctuations; Cycles
Policy Objectives; Policy Designs and Consistency; Policy Coordination
Current Account Adjustment; Short-term Capital Movements
Thema
Poverty incidence
IMF monetary model
stabilization policy
Armut
Armutspolitik
Anpassungsprogramm des IWF

Ereignis
Geistige Schöpfung
(wer)
Chand, Sheetal K.
Ereignis
Veröffentlichung
(wer)
University of Oslo, Department of Economics
(wo)
Oslo
(wann)
2003

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Chand, Sheetal K.
  • University of Oslo, Department of Economics

Entstanden

  • 2003

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