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Cover Macroeconomic Policy and Poverty Reduction
Macroeconomic Policy and Poverty Reduction
Mr. Alejandro Izquierdo, Ward Brown, Mr. Brian Ames, and Shatayanan Devarajan

Abstract

This pamphlet excerpts a chapter on macroeconomic policy from the Poverty Reduction Policy Source book, a guide prepared by the World Bank and IMF to assist countries in developing and strengthening their poverty reduction strategies. It probes the relationship between macroeconomic policy matters, such as growth and inflation, and the fight against poverty, and explains how sound monetary and fiscal policies-key tools of the macroeconomist-can help to spur growth and ease poverty.

Keywords:
PAM; poverty reduction strategies need; poverty; private sector confidence; income; poverty-growth relationship; banking sector reform; terms of trade shock; policy stance; Poverty reduction strategy; Poverty reduction; Exchange rate arrangements; Exchange rate policy; Poverty reduction and development; Africa; East Asia