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This Selected Issues paper reviews Uruguay’s experience with inclusive growth over the last two decades, and identifies challenges and policy options to promote greater equality going forward. Uruguay has a long history of high living standards comparable to many developed countries, and has made further progress in improving social conditions since 2005 on the back of strong economic growth and active social policies. Looking ahead, preserving macroeconomic stability is essential to sustain these gains. For the longer term, improving access to quality education will be the key to enhance social mobility.
Banks and Banking --- Investments: Bonds --- Macroeconomics --- Poverty and Homelessness --- Aggregate Factor Income Distribution --- General Financial Markets: General (includes Measurement and Data) --- Interest Rates: Determination, Term Structure, and Effects --- Welfare, Well-Being, and Poverty: General --- Education: General --- Investment & securities --- Finance --- Poverty & precarity --- Education --- Bond yields --- Yield curve --- Poverty --- Income --- Financial institutions --- Financial services --- National accounts --- Income inequality --- Bonds --- Interest rates --- Income distribution --- Uruguay
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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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This Selected Issues paper takes stock of poverty in the Democratic Republic of the Congo (DRC). Poverty has receded in the DRC over the last decade on the back of gradual stabilization in the security and political situation, strong economic growth, and sharp decline in inflationary pressures. Most social indicators also improved during the period. However, poverty remains pervasive with a level still among the highest in sub-Saharan Africa, and DRC will likely not achieve any of the Millennium Developments Goals by 2015. Policy actions should focus on fostering the development of labor-intensive sector, increasing social spending, and redirecting public resources to the poorest regions of the country.
Exports and Imports --- Finance: General --- Public Finance --- Natural Resource Extraction --- Poverty and Homelessness --- Industry Studies: Primary Products and Construction: General --- Trade: General --- Financial Markets and the Macroeconomy --- Welfare, Well-Being, and Poverty: General --- National Budget --- Budget Systems --- Extractive industries --- International economics --- Finance --- Poverty & precarity --- Public finance & taxation --- Mining sector --- Export diversification --- Financial inclusion --- Poverty --- Exports --- Economic sectors --- International trade --- Financial markets --- Mineral industries --- Financial services industry --- Budget --- Congo, Democratic Republic of the
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We investigate the factors driving Bolivia’s success in reducing inequality and poverty during the last 15 years. Our evidence suggests that the reduction was driven mainly by labor income growth at the bottom end of the income distribution. Increases in non-labor income (rents, transfers, remittances) also played a role, but a smaller one, although the introduction of Renta Dignidad has made a big difference for the elderly poor. Labor income increases were concentrated in the informal, low-skilled service and manufacturing sectors. As the gains from the commodity boom go into reverse, and the fiscal envelope becomes much tighter, it will be essential that labor and social policies are well designed and targeted to preserve the poverty and inequality reduction of the last 15 years.
Macroeconomics --- Social Services and Welfare --- Poverty and Homelessness --- Equity, Justice, Inequality, and Other Normative Criteria and Measurement --- Measurement and Analysis of Poverty --- Personal Income, Wealth, and Their Distributions --- Aggregate Factor Income Distribution --- Labor Economics: General --- Welfare, Well-Being, and Poverty: General --- Government Policy --- Provision and Effects of Welfare Program --- Labour --- income economics --- Poverty & precarity --- Social welfare & social services --- Personal income --- Income inequality --- Labor --- Poverty --- Poverty reduction --- National accounts --- Income --- Income distribution --- Labor economics --- Bolivia --- Income economics
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Balance of payments --- Banking --- Banks and Banking --- Banks and banking --- Banks --- Currency --- Current Account Adjustment --- Depository Institutions --- Education --- Exports and Imports --- Foreign Exchange --- Foreign exchange --- Income and capital gains taxes --- Income tax --- International economics --- Micro Finance Institutions --- Mortgages --- Personal Income and Other Nonbusiness Taxes and Subsidies --- Poverty & precarity --- Poverty --- Public finance & taxation --- Public Finance --- Revenue administration --- Revenue --- Short-term Capital Movements --- Taxation --- Taxation, Subsidies, and Revenue: General --- Madagascar, Republic of
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This 2014 Article IV Consultation highlights that Niger’s overall macroeconomic performance has been broadly satisfactory. After the economic slowdown in 2013 owing to the regional security situation and adverse climatic conditions, economic growth has rebounded in 2014. Inflation has been contained, in part owing to the government’s efforts to improve food security and the functioning of food markets. However, program performance has been mixed, as a combination of unexpected security and food expenditures and a shortfall in external financing have strained fiscal management. In the near term, containing the fiscal deficit through measures to improve tax policy and administration, reform customs administration, and reduce exemptions is essential to ensure sustainability.
Economic development -- Nigeria. --- Fiscal policy -- Nigeria. --- International Monetary Fund -- Nigeria. --- Nigeria -- Economic policy. --- Budgeting --- Exports and Imports --- Macroeconomics --- Public Finance --- Agriculture & Food Policy --- Statistics --- Debt --- Debt Management --- Sovereign Debt --- International Lending and Debt Problems --- National Government Expenditures and Related Policies: General --- Agricultural Policy --- Food Policy --- National Government Expenditures and Related Policies: Infrastructures --- Other Public Investment and Capital Stock --- Public finance & taxation --- International economics --- Poverty & precarity --- Budgeting & financial management --- Environmental management --- Econometrics & economic statistics --- External debt --- Government debt management --- Public debt --- Food security --- Expenditure --- Public financial management (PFM) --- Poverty --- Debts, External --- Debts, Public --- Expenditures, Public --- Capital investments --- Niger
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This chapter presents the point of view and ideas of Sabina Alkire, an economist. Alkire wants the Multidimensional Poverty Index to be part of a data revolution to guide the fight against poverty. According to Alkire, learning to meditate soothed away what she describes as the temper tantrums of her childhood. The chapter also highlights the fact that an index is only as good as its underlying data, and in emerging market economies that quality is often inadequate. The quest for better poverty metrics coincides with growing doubts about the ability of conventional statistics, especially GDP, to gauge economic growth in the digital economy, let alone well-being, welfare, and environmental sustainability.
Economic development --- Latin America --- Economic conditions. --- Exports and Imports --- Finance: General --- Labor --- Macroeconomics --- Islamic Banking and Finance --- Other Economic Systems: Public Economics --- Financial Economics --- International Investment --- Long-term Capital Movements --- Financial Institutions and Services: Government Policy and Regulation --- Aggregate Factor Income Distribution --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Welfare, Well-Being, and Poverty: General --- Finance --- Labour --- income economics --- Banking --- International economics --- Poverty & precarity --- Foreign direct investment --- Stress testing --- Islamic finance --- Income inequality --- Financial sector policy and analysis --- Balance of payments --- Financial services --- National accounts --- Poverty --- Banks and banking --- Islamic countries --- Labor market --- Investments, Foreign --- Financial risk management --- Income distribution --- United States --- Income economics
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This Selected Issues paper presents an external stability assessment on Niger. Niger’s current account balance deteriorated in 2013, mostly on account of higher food and capital goods imports. The deficit is expected to widen further in 2014–15, mainly driven by large investment in the extractive industry and basic infrastructure. The current account is projected to gradually improve from 2016 as important projects in infrastructure will come to end, the oil and mining sectors come on stream and public and private savings increase. Although aid and foreign direct investments are the main sources of external financing, external borrowing–mainly on concessional terms–has increased significantly.
Economic history. --- Finance -- Nigeria. --- Nigeria -- Economic conditions. --- Nigeria -- Economic policy. --- Investments: Commodities --- Investments: Energy --- Exports and Imports --- Macroeconomics --- Public Finance --- Money and Monetary Policy --- National Government Expenditures and Related Policies: Infrastructures --- Other Public Investment and Capital Stock --- Agriculture: General --- National Government Expenditures and Related Policies: General --- Monetary Policy, Central Banking, and the Supply of Money and Credit: General --- Agricultural and Natural Resource Economics --- Environmental and Ecological Economics: General --- Economic Growth and Aggregate Productivity: General --- Public finance & taxation --- Investment & securities --- International economics --- Poverty & precarity --- Economic growth --- Public investment spending --- Expenditure --- Agricultural commodities --- Natural resources --- Inclusive growth --- Environment --- Commodities --- Food security --- Poverty --- Expenditures, Public --- Public investments --- Farm produce --- Credit --- Economic development --- Niger
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"Would it be possible to provide people with a basic income as a right? The idea has a long history. This book draws on two pilot schemes conducted in the Indian State of Madhya Pradesh, in which thousands of men, women and children were provided with an unconditional monthly cash payment. In a context in which the Indian government at national and state levels spends a vast amount on subsidies and selective schemes that are chronically expensive, inefficient, inequitable and subject to extensive corruption, there is scope for switching at least some of the spending to a modest basic income. This book explores what would be likely to happen if this were done. The book draws on a series of evaluation surveys conducted over the course of the eighteen months in which the main pilot was in operation, supplemented with detailed case studies of individuals and families. It looks at the impact on health and nutrition, on schooling, on economic activity, women's agency and the welfare of those with disabilities. Above all, the book considers whether or not a basic income could be transformative, in not only improving individual and family welfare but in promoting economic growth and development, as well as having an emancipatory effect for people long mired in conditions of poverty and economic insecurity."--Bloomsbury Publishing.
Government policy -- India. --- Income distribution. --- Business & Economics --- Management --- Economic History --- Industrial Management --- Basic income --- Negative income tax --- Annual income guarantee --- Basic income guarantee --- Guaranteed annual income --- Guaranteed income --- Guaranteed minimum income --- Universal basic income --- Economic security --- Income --- Income maintenance programs --- Income tax --- E-books --- Madhya Pradesh (India) --- Economic policy. --- Family income --- Fortunes --- Household income --- Personal income --- Economics --- Finance --- Property --- Wealth --- Gross national product --- Profit --- Purchasing power --- Madhya Pradeśa (India) --- MP (India) --- M.P. (India) --- Madhyapradeśa (India) --- Government of Madhya Pradesh (India) --- State Government of Madhya Pradesh (India) --- State of Madhya Pradesh (India) --- Central Provinces and Berar (India) --- Vindhya Pradesh (India) --- Madhya Bharat (India) --- Chhattīsgarh (India) --- Industrial arbitration and negotiation --- Public administration --- Development studies --- Poverty and precarity
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This Selected Issues paper presents a study on poverty in Madagascar. Madagascar is a country with general, widespread, and increasing poverty. Most of the population is extremely poor and struggling to pay for food. Madagascar has the potential to grow rapidly. It is endowed with abundant natural resources, a unique wildlife, and a young, vibrant, and rapidly growing population. Taking full advantage of the young population will require higher investment in education and healthcare. Economic inequality appears to have declined and the poorest have in fact increased their consumption. Thus, while it is true that more people are poor today than in 2001, on average those who are deepest into poverty appear to be economically better off today than in 2001. Poverty is primarily a rural challenge. An overriding majority of the population lives in rural areas and rural poverty rates are almost double those of urban areas.
Monetary policy --- Fiscal policy --- Economic indicators --- Business indicators --- Indicators, Business --- Indicators, Economic --- Leading indicators --- Economic history --- Quality of life --- Economic forecasting --- Index numbers (Economics) --- Social indicators --- Tax policy --- Taxation --- Economic policy --- Finance, Public --- Monetary management --- Currency boards --- Money supply --- Government policy --- International Monetary Fund --- Internationaal monetair fonds --- International monetary fund --- Madagascar --- Madagaskar --- Democratic Republic of Madagascar --- Repoblika Demokratika n'i Madagaskar --- Repoblika Demokratika Malagasy --- République démocratique de Madagascar --- RDM --- Repoblikan'i Madagasikara --- République de Madagascar --- Repoblikan'i Madakasikara --- Madagasikara --- Republic of Madagascar --- マダガスカル --- Madagasukaru --- מדגסקר --- Malagasy Republic --- Economic conditions. --- Economic policy. --- Banks and Banking --- Exports and Imports --- Foreign Exchange --- Public Finance --- Taxation, Subsidies, and Revenue: General --- Banks --- Depository Institutions --- Micro Finance Institutions --- Mortgages --- Personal Income and Other Nonbusiness Taxes and Subsidies --- Current Account Adjustment --- Short-term Capital Movements --- Public finance & taxation --- Banking --- Currency --- Foreign exchange --- International economics --- Poverty & precarity --- Finance --- Revenue administration --- Income and capital gains taxes --- Poverty --- Education --- Taxes --- Commercial banks --- Financial institutions --- Revenue --- Banks and banking --- Income tax --- Balance of payments --- Madagascar, Republic of
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