Format:
1 online resource (488 pages)
ISBN:
9780821369548
Series Statement:
Directions in development. Poverty
Content:
The literature on growth and poverty is voluminous and still evolving. This title distills the most important lessons from developing countries' experience with growth and poverty. It provides a broad understanding of the impact of economic policies on growth and poverty reduction in developing countries. After describing basic economic relationships that summarize the workings and the measurement of the macroeconomy--and after confirming that growth is the most critical factor in alleviating poverty--the book turns to individual policy areas. These include the various roles of government, among them setting fiscal policy and maintaining an environment conducive to the effective operation of a market economy. Policies governing money supply, exchange rates, and the financial sector are also covered. After assessing several decades of experience with development assistance, the aim of which has been to place poor countries on a path of sustainable long-run growth, the study turns to a discussion of external debt. In the 1980s and 1990s, debt contracted by low-income countries from commercial and official sources became unsustainable, crippling their growth, keeping millions in poverty, and forcing an international reappraisal of lending policies, the centerpiece of which was a set of debt-forgiveness policies that was put forward with the launch of the Jubilee 2000 debt relief campaign. The remainder of the volume examines problems that can keep the poor from moving out of poverty. Trade, institutional development, regulation, education, health, labor markets, land and agriculture, natural resources, urbanization, technology, and politics?all are core components of public policy and need to be handled right if poverty is to be addressed effectively. Because many developing countries lack the capacity to mobilize resources?administrative and
Content:
Intro -- Cover -- Half Title Page -- Title Page -- Copyright -- Contents -- Preface -- Abbreviations -- Introduction -- Part I Poverty, National Income, and Economic Growth -- Chapter 1 Poverty and How We Measure It -- Poverty and Well-Being -- Measuring Poverty -- Collecting Data -- Household Surveys and National Accounts -- Conclusion -- Note -- Bibliography -- Chapter 2 National Income and How We Measure It -- Macroeconomic Sectors -- Macroeconomic Concepts -- Determining Gross Domestic Product -- The Business Cycle -- The Balance of Payments -- Some Basic Accounting Relationships -- Conclusion -- Notes -- Bibliography -- Chapter 3 Growth, Poverty, and Inequality: An Overview -- Growth Theory, Then and Now -- Institutions and Modern Growth Theory -- Economic Growth and Poverty Reduction -- Variations in Poverty Responses to Growth -- Pro-Poor Growth -- Conclusion -- Note -- Bibliography -- Part II Government Policy, Growth, and the Poor -- Chapter 4 Government and the Economy-: Focus on Fiscal Policy -- The Role of Government in the Economy -- Fiscal Policy: Taxing and Spending -- The Uses of Fiscal Policy -- Conclusion -- Note -- Bibliography -- Chapter 5 Monetary Policy, Inflation, and Exchange Rates -- Definitions and Concepts -- Inflation -- Inflation and Economic Growth -- Inflation and the Poor -- Exchange-Rate Policy -- Conclusion -- Notes -- Bibliography -- Chapter 6 Financial Development -- Financial Development and Economic Growth -- Four Decades of Financial Sector Reform in Developing Countries -- Financial Development and Poverty Reduction -- Widening Access to Financial Services -- Microfinance and the Poor -- Emigrant Remittances -- Conclusion -- Notes -- Bibliography -- Chapter 7 Development Assistance -- Aid Sources and Trends -- Aid in the Context of Overall Capital Flows -- Does Aid Spur Economic Growth?.
Note:
Description based on publisher supplied metadata and other sources
Additional Edition:
ISBN 9780821369531
Additional Edition:
Erscheint auch als Druck-Ausgabe ISBN 9780821369531
Language:
English
