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We analyze microdata from Mexico's survey on household income and expenditures (ENIGH) to study the evolution of income inequality in Mexico over 2004-16, identify its sources, and investigate how it was affected by government social policy. We find evidence of only a small decline in inequality over this period. The observed decline may be attributed to government transfers, notably targeted cash transfers (Prospera) and non-contributory pensions. In 2016, those two programs accounted for more than two thirds of the reduction in the Gini coefficient due to government transfers. Other transfer programs such as farmland subsidies (Proagro), government scholarships, and non-monetary transfers for medical expenditures have not been as effective.
Income distribution --- Labor --- Macroeconomics --- Personal Income, Wealth, and Their Distributions --- National Government Expenditures and Welfare Programs --- Government Policy --- Provision and Effects of Welfare Program --- Aggregate Factor Income Distribution --- Nonwage Labor Costs and Benefits --- Private Pensions --- Education: General --- Pensions --- Education --- Personal income --- Income inequality --- National accounts --- Income --- Mexico
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This paper examines the Islamic Republic of Mauritania’s adoption of its third Poverty Reduction Strategy Paper (PRSP) action plan, covering the medium term (2011–2015). Poverty reduction as the ultimate objective of all of the country’s economic social and institutional development policies has informed the context in which the third action plan is being implemented. The safe drinking water supply rate reached 52 percent nationally. In urban areas, the rate of access to private water main connections was 35 percent although it varied significantly from town to town. During the first year of implementation of the PRSP III, significant progress was made with actions targeting good governance and capacity-building in all areas of governance.
Business & Economics --- Economic History --- Poverty --- Mauritania --- Economic conditions. --- Destitution --- Wealth --- Basic needs --- Begging --- Poor --- Subsistence economy --- Social Services and Welfare --- Agriculture & Food Policy --- Demography --- Education: General --- Demographic Economics: General --- Health: General --- Agricultural Policy --- Food Policy --- Government Policy --- Provision and Effects of Welfare Program --- Education --- Population & demography --- Health economics --- Poverty & precarity --- Social welfare & social services --- Population and demographics --- Health --- Food security --- Poverty reduction strategy --- Population --- Mauritania, Islamic Republic of
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This paper discusses Second National Poverty Reduction Strategy II (NPRS-II) (2012–2016) for Democratic Republic of São Tomé and Príncipe. A comparison of the results of the 2000 and 2010 poverty profile, based on the average income method, shows that there was progress in reducing poverty, albeit far less than expected. The ratio of the incidence of poverty decreased from 53.8 percent in 2000 to 49.6 percent in 2010, representing a reduction of 4.2 percentage points, which is far below the target set in the NPRS-I for 2010, and also shows relative improvement in the depth of poverty.
Business & Economics --- Economic History --- Poverty --- Prevention. --- Destitution --- Wealth --- Basic needs --- Begging --- Poor --- Subsistence economy --- Prevention --- E-books --- Social Services and Welfare --- Demography --- Poverty and Homelessness --- Education: General --- Welfare, Well-Being, and Poverty: General --- Demographic Economics: General --- Government Policy --- Provision and Effects of Welfare Program --- Health: General --- Education --- Poverty & precarity --- Population & demography --- Social welfare & social services --- Health economics --- Population and demographics --- Poverty reduction strategy --- Health --- Population --- São Tomé and Príncipe, Democratic Republic of
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Poverty Reduction Strategy Paper (PRSP) countries in Sub-Saharan Africa have shown strong signs of growth resilience in the aftermath of the recent global crisis. Yet, this paper finds evidence that growth has more than proportionately benefited the top quintile during PRSP implementation. It finds that PRSP implementation has neither reduced poverty headcount nor raised the income share of the poorest quintile in Sub-Saharan Africa. While countries in other regions have been more successful in reducing poverty and increasing the income share of the poor, there is no conclusive evidence that PRSP implementation has played a role in shaping these outcomes.
Economic development -- Africa, Sub-Saharan. --- Income distribution -- Africa, Sub-Saharan. --- Poverty -- Africa, Sub-Saharan. --- Macroeconomics --- Social Services and Welfare --- Poverty and Homelessness --- Economic Development, Innovation, Technological Change, and Growth --- Government Policy --- Provision and Effects of Welfare Program --- Personal Income, Wealth, and Their Distributions --- Aggregate Factor Income Distribution --- Welfare, Well-Being, and Poverty: General --- Social welfare & social services --- Poverty & precarity --- Personal income --- Income inequality --- Poverty --- Poverty reduction --- Poverty reduction strategy --- National accounts --- Income --- Income distribution --- South Sudan, Republic of
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Assiduously tracking the trends and consequences of globalization, the IMF's quarterly magazine Finance & Development has been a major forum for discussing-and dissecting-the policy options and challenges faced by governments in an era when many national decisions transcend borders. This valuable compilation of articles published over the past eight years focuses on financial globalization, including the policy implications of the huge growth in cross-border capital flows. Articles also look at the expansion of world trade, explore the impact of globalization on jobs, taxation, and the poor, and examine the digital divide between developed and some developing countries. An extraordinary summary that distills nearly a decade of accelerated change.
International finance --- Economic assistance --- Globalization --- Finance --- International Finance --- Business & Economics --- 332.042 --- Global cities --- Globalisation --- Internationalization --- International relations --- Anti-globalization movement --- International monetary system --- International money --- International economic relations --- International finance. --- Globalization. --- Exports and Imports --- Finance: General --- Macroeconomics --- Social Services and Welfare --- General Financial Markets: General (includes Measurement and Data) --- Current Account Adjustment --- Short-term Capital Movements --- International Investment --- Long-term Capital Movements --- Government Policy --- Provision and Effects of Welfare Program --- Aggregate Factor Income Distribution --- International economics --- Social welfare & social services --- Capital flows --- Emerging and frontier financial markets --- Capital account liberalization --- Income inequality --- Balance of payments --- Financial markets --- National accounts --- Poverty --- Capital movements --- Financial services industry --- Income distribution --- United States
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The paper suggests an operationally usable framework for the evaluation of growth inclusiveness—the inclusive growth framework (IGF). Based on the data on growth, poverty, and inequality, the framework allows for the quantitative assessment of growth inclusiveness. The assessment relies on the decomposition of the change in poverty into growth, distribution, and decile effects, which can be calculated using the Distributive Analysis Stata Package (DASP). Availability of at least two household surveys is the main precondition for the use of the IGF. The application of the IGF is illustrated with two country cases of Senegal and Djibouti.
Cities and towns --- Growth, Urban --- Sprawl, Urban --- Urban development --- Urban growth --- Urban sprawl --- Migration, Internal --- Population --- Vital statistics --- Growth. --- Macroeconomics --- Social Services and Welfare --- Poverty and Homelessness --- Intertemporal Choice and Growth: General --- Aggregate Factor Income Distribution --- Measurement and Analysis of Poverty --- Welfare, Well-Being, and Poverty: General --- Personal Income, Wealth, and Their Distributions --- Economic Growth and Aggregate Productivity: General --- Government Policy --- Provision and Effects of Welfare Program --- Poverty & precarity --- Economic growth --- Social welfare & social services --- Poverty --- Income inequality --- Personal income --- Inclusive growth --- Poverty reduction --- National accounts --- Income distribution --- Income --- Economic development --- Senegal
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The paper examines the poverty-reducing and distributional characteristics of Djibouti’s economic growth, and discusses policies that might help make growth more inclusive. It covers the period between 2002 and 2013, for which comparable household surveys are available. The main findings are that while in the past decade the overall level of poverty in Djibouti declined, there have been no clear signs of improvements in either equality or growth inclusiveness. Growth has not been inclusive and benefitted mainly those in the upper part of the income distribution. These conclusions should be treated as indicative. Progress in poverty reduction and inclusiveness would require not only sustained high growth but also the creation of opportunities in sectors with high earning potential for the poor. Better targeted social policies and more attention to the regional distribution of spending would also help reduce poverty and improve inclusiveness.
Economic development. --- Development, Economic --- Economic growth --- Growth, Economic --- Economic policy --- Economics --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse --- Economic development --- E-books --- Macroeconomics --- Social Services and Welfare --- Demography --- Poverty and Homelessness --- Intertemporal Choice and Growth: General --- Aggregate Factor Income Distribution --- Measurement and Analysis of Poverty --- Welfare, Well-Being, and Poverty: General --- Government Policy --- Provision and Effects of Welfare Program --- Demographic Economics: General --- Poverty & precarity --- Social welfare & social services --- Population & demography --- Poverty --- Income inequality --- Poverty reduction --- Population and demographics --- Income --- National accounts --- Income distribution --- Population --- Djibouti
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Mozambique is an economic success story in sub-Saharan Africa (SSA). Its remarkable achievements offer valuable lessons to other low-income countries in a post-stabilization economic phase, including how they can efficiently manage a scaling up of foreign aid aimed at poverty reduction. Of special interest to other sub-Saharan countries are the book's discussions of Mozambique's progress toward consolidating macroeconomic and financial stability, and the challenges it faces in ensuring long-term sustainability, creating a virtuous cycle of natural resource use, and implementing second-generation structural reforms to sustain its growth. This book also provides a summary of the most recent research on issues related to post-stabilization economics in SSA.
Economic policy and planning (general) --- Mozambique --- Economic assistance --- Postwar reconstruction --- Poverty --- Aide économique --- Reconstruction d'après-guerre --- Pauvreté --- Economic conditions --- Economic policy. --- Conditions économiques --- Politique économique --- Business & Economics --- Economic History --- Aide économique --- Reconstruction d'après-guerre --- Pauvreté --- Conditions économiques --- Politique économique --- Destitution --- Post-conflict reconstruction --- Reconstruction, Postwar --- Wealth --- Basic needs --- Begging --- Poor --- Subsistence economy --- E-books --- Exports and Imports --- Foreign Exchange --- Macroeconomics --- Public Finance --- Production and Operations Management --- Production --- Cost --- Capital and Total Factor Productivity --- Capacity --- Government Policy --- Provision and Effects of Welfare Program --- Trade: General --- Macroeconomics: Production --- Industry Studies: Primary Products and Construction: General --- Foreign Aid --- Currency --- Foreign exchange --- International economics --- Public finance & taxation --- Social welfare & social services --- Total factor productivity --- Real exchange rates --- Exports --- Exchange rates --- Mining sector --- International trade --- Foreign aid --- Industrial productivity --- Mineral industries --- International relief --- Mozambique, Republic of
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IMF Financial Operations 2014 provides a broad introduction to how the IMF fulfills its mission through its financial activities. It covers the financial structure and operations of the IMF and also provides background detail of the financial statements for the IMF’s activities during the most recent financial year. This publication updates a previous report entitled Financial Organization and Operations of the IMF, first published in 1986 and last issued in 2001 (the sixth edition). That 2001 report reflected the seismic shifts in the global economy and in the IMF’s structure and operations that occurred after the fall of the Soviet Union and the various currency and financial crises of the 1990s. This revised and updated report covers more recent developments, including measures taken in response to the global financial crisis of 2007-09 and the institutional reforms aimed at ensuring that the IMF’s governance structure evolves in line with developments in the global economy, as well as reforms to the IMF’s income model.
International finance -- Periodicals. --- International Monetary Fund -- Periodicals. --- International Monetary Fund. --- Finance --- Business & Economics --- International Finance --- Financial institutions, International --- Banks and banking, International --- E-books --- International banking --- Offshore banking (Finance) --- Transnational banking --- International finance --- International financial institutions --- Internationaal monetair fonds --- International monetary fund --- Macroeconomics --- Banks and Banking --- Money and Monetary Policy --- Financial Risk Management --- Social Services and Welfare --- Foreign Exchange --- Central Banks and Their Policies --- Monetary Systems --- Standards --- Regimes --- Government and the Monetary System --- Payment Systems --- Debt --- Debt Management --- Sovereign Debt --- Monetary Policy, Central Banking, and the Supply of Money and Credit: General --- Government Policy --- Provision and Effects of Welfare Program --- Personal Income, Wealth, and Their Distributions --- Aggregate Factor Income Distribution --- Economic & financial crises & disasters --- Banking --- Monetary economics --- Social welfare & social services --- International economics --- Financial crises --- Central banks --- Currencies --- Money --- Debt relief --- Asset and liability management --- Credit --- Personal income --- National accounts --- Freely usable currencies --- Poverty reduction strategy --- Poverty --- Income --- Currency crises --- Banks and banking, Central --- Debts, External --- United States
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This paper shows that donors that maximize relative aid impact spread their budgets across many recipient countries in a unique Nash equilibrium, explaining aid fragmentation. This equilibrium may be inefficient even without fixed costs, and the inefficiency increases in the equality of donors budgets. The paper presents empirical evidence consistent with theoretical results. These imply that, short of ending donors maximization of relative aid impact, agreements to better coordinate aid allocations are not implementable. Moreover, since policies to increase donor competition in terms of aid effectiveness risk reinforcing relativeness, they may well backfire, as any such reinforcement increases aid fragmentation.
Business & Economics --- Economic History --- Economic assistance. --- Flow of funds. --- Economic aid --- Foreign aid program --- Foreign assistance --- Grants-in-aid, International --- International economic assistance --- International grants-in-aid --- Finance --- Economic policy --- International economic relations --- Conditionality (International relations) --- Economic assistance --- E-books --- Budgeting --- Exports and Imports --- Finance: General --- Social Services and Welfare --- Poverty and Homelessness --- Analysis of Collective Decision-Making: General --- Foreign Aid --- International Fiscal Issues --- International Public Goods --- National Budget --- Budget Systems --- Welfare, Well-Being, and Poverty: General --- General Financial Markets: General (includes Measurement and Data) --- Government Policy --- Provision and Effects of Welfare Program --- International economics --- Budgeting & financial management --- Poverty & precarity --- Social welfare & social services --- Foreign aid --- Budget planning and preparation --- Poverty --- Competition --- Poverty reduction --- Public financial management (PFM) --- Financial markets --- International relief --- Budget --- China, People's Republic of
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