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Mr. Paul Cashin, Ms. Catherine A Pattillo, Ms. Ratna Sahay, and Mr. Paolo Mauro
This paper provides a brief and selective overview of research on the links between macroeconomic policies and poverty reduction. Using the Human Development Index as a measure of well-being, the progress made by 100 countries during 1975–98 is presented, and its association with macroeconomic factors is explored. Several potential avenues for future research are also outlined.