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Book
Income inequality and government transfers in Mexico
Authors: --- ---
ISBN: 1498326412 9781498326414 Year: 2019 Publisher: [Washington, D.C.]

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Abstract

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.


Book
Islamic Republic of Mauritania
Author:
ISBN: 1475594607 1475529937 1616358602 148433857X 1299781357 9781299781351 9781484338575 9781616358600 9781475594607 9781475529937 Year: 2013 Volume: no. 13/189 Publisher: Washington, D.C. International Monetary Fund

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Abstract

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.


Book
Democratic Republic of São Tomé and Príncipe : Poverty Reduction Strategy Paper.
Authors: ---
ISBN: 1475547005 1484347439 1484347919 1484347145 9781484347911 9781475547009 Year: 2014 Publisher: Washington, D.C. : International Monetary Fund,

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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.


Book
Poverty, Growth, and Inequality in Sub-Saharan Africa : Did the Walk Match the Talk under the PRSP Approach?
Author:
ISBN: 1513533665 1513592556 Year: 2015 Publisher: Washington, D.C. : International Monetary Fund,

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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.

Financial globalization
Authors: --- ---
ISBN: 1589065719 1455248908 9786613850201 1452760446 1451936443 1283537753 9781451936445 9781589065710 9781455248902 9781452760445 9781283537759 6613850209 Year: 2007 Publisher: Washington, D.C.

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Abstract

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.


Book
Inclusive Growth Framework
Authors: ---
ISBN: 1484302346 9781484302347 148430215X 9781484302156 Year: 2017 Publisher: Washington, D.C. : International Monetary Fund,

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Abstract

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.


Book
Growth Inclusiveness in Djibouti
Author:
ISSN: 10185941 ISBN: 1475594909 9781475594904 1475594720 9781475594720 Year: 2017 Publisher: Washington, D.C. : International Monetary Fund,

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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.

Post-stabilization economics in Sub-Saharan Africa
Authors: --- ---
ISBN: 9781589066779 1589066774 1455299316 9786613848925 1452797765 145194537X 1283536471 9781451945379 Year: 2008 Publisher: [Washington, D.C.]

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Abstract

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.


Book
IMF Financial Operations 2014.
Authors: ---
ISBN: 1484318927 1322224714 1498363296 1484358228 1484317440 9781484317440 9781484318928 9781484358146 1484358147 Year: 2014 Publisher: Washington, D.C. : International Monetary Fund,

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Abstract

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.

Keywords

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


Book
Donor competition for aid impact, and aid fragmentation
Authors: --- ---
ISBN: 1475559577 147550554X 1475520212 147553924X 9781475559576 9781475505542 9781475539240 9781475505542 9781475539240 9781475520217 Year: 2012 Publisher: [Washington, D.C.] International Monetary Fund

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Abstract

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.

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