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Social Science > Poverty and Homelessness

You are looking at 1 - 10 of 18 items for :

  • Type: Journal Issue x
  • General Financial Markets: General (includes Measurement and Data) x
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Cover Regional Economic Outlook, October 2020, Western Hemisphere
Regional Economic Outlook, October 2020, Western Hemisphere
Pandemic Persistence Clouds the Recovery
International Monetary Fund. Western Hemisphere Dept.

Abstract

The pandemic continues to spread in Latin America and the Caribbean (LAC), but economic activity is picking up. After a deep contraction in April, activity started recovering in May, as lockdowns were gradually eased, consumers and firms adapted to social distancing, some countries introduced sizable policy support, and global activity strengthened.

Keywords:
pandemic; lockdowns; recovery; reopening; public health; REO; IMF staff calculation; nominal GDP; trading partner; world bank LAC estimate; hard currency; potential GDP
Cover Regional Economic Outlook, October 2020, Western Hemisphere
Regional Economic Outlook, October 2020, Western Hemisphere
Pandemic Persistence Clouds the Recovery
International Monetary Fund. Western Hemisphere Dept.

Abstract

The pandemic continues to spread in Latin America and the Caribbean (LAC), but economic activity is picking up. After a deep contraction in April, activity started recovering in May, as lockdowns were gradually eased, consumers and firms adapted to social distancing, some countries introduced sizable policy support, and global activity strengthened.

Keywords:
pandemic; lockdowns; recovery; reopening; public health; REO; IMF staff calculation; nominal GDP; trading partner; world bank LAC estimate; hard currency; potential GDP
Cover Regional Economic Outlook, October 2020, Western Hemisphere
Regional Economic Outlook, October 2020, Western Hemisphere
Pandemic Persistence Clouds the Recovery
International Monetary Fund. Western Hemisphere Dept.

Abstract

The pandemic continues to spread in Latin America and the Caribbean (LAC), but economic activity is picking up. After a deep contraction in April, activity started recovering in May, as lockdowns were gradually eased, consumers and firms adapted to social distancing, some countries introduced sizable policy support, and global activity strengthened.

Keywords:
pandemic; lockdowns; recovery; reopening; public health; REO; IMF staff calculation; nominal GDP; trading partner; world bank LAC estimate; hard currency; potential GDP; banking sector; fiscal policy; COVID-19; Debt restructuring; Securities markets; Caribbean; Global; Central America
Cover IMF Working Papers
Financial Development, Inequality and Poverty: Some International Evidence
Samy Ben Naceur
and
RuiXin Zhang
This paper provides evidence on the link between financial development and income distribution. Several dimensions of financial development are considered: financial access, efficiency, stability, and liberalization. Each aspect is represented by two indicators: one related to financial institutions, and the other to financial markets. Using a sample of 143 countries from 1961 to 2011, the paper finds that four of the five dimensions of financial development can significantly reduce income inequality and poverty, except financial liberalization, which tends to exacerbate them. Also, banking sector development tends to provide a more significant impact on changing income distribution than stock market development. Together, these findings are consistent with the view that macroeconomic stability and reforms that strengthen creditor rights, contract enforcement, and financial institution regulation are needed to ensure that financial development and liberalization fully support the reduction of poverty and income equality.
Keywords:
WP; price index; income
Cover IMF Staff Country Reports
Uruguay: Selected Issues
International Monetary Fund. Western Hemisphere Dept.
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.
Keywords:
ISCR; CR; Uruguay; bond yield; yield; income inequality; Uruguayan peso; tapering announcement; poverty line; Trabajo por Uruguay; nominal depreciation; public debt; wage inequality; household income; bond yields in Uruguay; Bond yields; Yield curve; Income; Income inequality; Caribbean; Global
Cover IMF Working Papers
Donor Competition for Aid Impact, and Aid Fragmentation
Mr. Kurt Annen
and
Mr. Luc Moers
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.
Keywords:
WP; aid allocation; donor competition; Foreign Aid; Aid Effectiveness; Aid Fragmentation; Donor Coordination; donor ranking; donor fragmentation; Budget planning and preparation; Competition; Poverty reduction; Global
Cover IMF Staff Country Reports
Liberia: Poverty Reduction Strategy Paper
International Monetary Fund
This paper discusses implementation of the Poverty Reduction Strategy (PRS) in Liberia. Liberia’s PRS articulates the government’s overall vision and major strategies for moving toward rapid, inclusive, and sustainable growth and development during the period 2008–11. This paper provides the context for the PRS by describing the conflict and economic collapse, the transition beyond conflict, and the initial progress achieved during the past two years. It stresses that Liberia must create much greater economic and political opportunities for all its citizens and ensure that growth and development are widely shared.
Keywords:
ISCR; CR; private sector; job creation; value chain; natural resource; economic growth; PRS period; business plan; management system; financial support; Securities; West Africa; Global
Cover IMF Staff Country Reports
Islamic Republic of Afghanistan: Poverty Reduction Strategy Paper: Joint Staff Advisory Note
International Monetary Fund
According to the national household survey conducted during the summer and autumn of 2005, poverty in Afghanistan (headcount rate) is about 33 percent. Economic performance since the fall of the Taliban regime has been strong, and macroeconomic stability has been maintained. During 2002–03 through 2006–07, real GDP growth has averaged 15 percent per year, reflecting a recovery in agriculture, donor-funded postwar reconstruction, and initial yet promising growth of a range of private sector activities. The macroeconomic policy framework is broadly in line with the authorities’ economic program.
Keywords:
ISCR; CR; ANDS financing table; poverty diagnosis; private sector; ANDS spending; ANDS strategy; government ownership; poverty analysis; poverty profile; poverty reduction; Taliban regime; strategy document; Poverty reduction strategy; Poverty reduction and development; Poverty reduction; Securities; Global
Cover IMF Staff Country Reports
Chile: Selected Issues
International Monetary Fund
The report gives details of the economic analysis for the implementation of Chile's inflation targeting framework. It reviews the current state of liquidity in the Chilean fixed-income markets and developments and impediments to the supply of corporate bonds to the market. The paper considers a number of microstructure issues, transparency in the Over-the-Counter (OTC) market, addresses the role of public debt in facilitating development of the financial markets, and discusses a potential debt management framework that would support the development of a liquid public debt market.
Keywords:
ISCR; CR; market; market participant; Chile; bond; fixed-income market; short-to-medium-run inflation; review market development; central bank staff; Poverty reduction; Pension spending; Securities markets; Europe; Africa; Australia and New Zealand; Southeast Asia; East Asia
Cover Finance & Development
Finance and Development June 2003
International Monetary Fund. External Relations Dept.
For the latest thinking about the international financial system, monetary policy, economic development, poverty reduction, and other critical issues, subscribe to Finance & Development (F&D). This lively quarterly magazine brings you in-depth analyses of these and other subjects by the IMF’s own staff as well as by prominent international experts. Articles are written for lay readers who want to enrich their understanding of the workings of the global economy and the policies and activities of the IMF.
Keywords:
FD; F&D; UN World water development report; exchange rate; country