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Social Science > Poverty and Homelessness

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  • Financial crises x
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Cover IMF Working Papers
Links Between Growth, Inequality, and Poverty: A Survey
Ms. Valerie Cerra
,
Mr. Ruy Lama
, and
Norman Loayza
Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The evidence suggests that growth can be effective in reducing poverty, but its impact on inequality is ambiguous and depends on the underlying sources of growth. The impact of poverty and inequality on growth is likewise ambiguous, as several channels mediate the relationship. But most plausible mechanisms suggest that poverty and inequality reduce growth, at least in the long run. Policies play a role in shaping these relationships and those designed to improve equality of opportunity can simultaneously improve inclusiveness and growth.
Keywords:
Growth; Inequality; Poverty; Income Distribution; Economic Development; Inclusive Growth; unbalanced growth; public goods; poverty-reducing effect; family income; poverty ratio; growth breeds poverty; poverty headcount ratio; Income inequality; Income; Poverty reduction; Global
Cover IMF Working Papers
Financial Crises, Poverty, and Income Distribution
International Monetary Fund
Developing and transition economies are prone to financial crises, including balance of payments and banking crises. These crises affect poverty and the distribution of income through a variety of channels: slowdowns in economic activity, relative price changes, and fiscal retrenchment, among others. This paper deals with the impact of financial crises on the incidence of poverty and income distribution, and discusses policy options that can be considered by governments in the aftermath of crises. Empirical evidence, based on both macro- and microlevel data, shows that financial crises are associated with an increase in poverty and, in some cases, income inequality. The provison of targeted safety nets and the protection of specific social programs from fiscal retrenchment remain the main short-term propoor policy responses to financial crises.
Keywords:
WP; income; financial crisis; Financial crises; poverty; income distribution; Mexico; poverty gap; income share; distribution indicator; poverty incidence; household income; poverty headcount ratio; currency crash; Personal income; Income inequality
Cover Summary Proceedings of the Fifty-Fifth Annual Meeting of the Board of Governors, September 26-28, 2000
Summary Proceedings of the Fifty-Fifth Annual Meeting of the Board of Governors, September 26-28, 2000
International Monetary Fund

Abstract

The speeches made by officials attending the IMF–World Bank Annual Meetings are published in this volume, along with the press communiqués issued by the International Monetary and Financial Committee and the Development Committee at the conclusion of the meetings.

Keywords:
AS; country; fund; poverty; debt relief; fund surveillance; country trade policies; material gain; calculable financial gain; fund Document no; Poverty reduction; Poverty reduction strategy; Poverty reduction and development; Global; Africa; Europe; East Asia; Caribbean
Cover Summary Proceedings of the Fifty-Fourth Annual Meeting of the Board of Governors, September 28-30, 1999
Summary Proceedings of the Fifty-Fourth Annual Meeting of the Board of Governors, September 28-30, 1999
International Monetary Fund

Abstract

This annual publication is a record of the IMF's Annual Meeting and contains the opening and closing addresses of the Chairman of the Board of Governors, presentation of the Annual Report by the Managing Director, statements of Governors, committee reports, resolutions, and a list of delegates. Usually published in March.

Keywords:
AS; poverty; fund; country; debt relief; debt relief program; bank-fund cooperation; chairman of the Development Committee; development bank; donor country; debt reduction initiative; Poverty reduction; Poverty reduction strategy; Poverty reduction and development; Global; Africa; Europe; East Asia; Asia and Pacific