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Poverty Alleviation in a Financial Programming Framework: An Integrated Approach
Author:
Sheetal K. Chand null

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and
Mr. Parthasarathi Shome
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Series:
IMF Working Papers
Volume/Issue:
Volume 1995: Issue 029
Language:
English
Publication Date:
01 Mar 1995
DOI:
https://doi.org/10.5089/9781451844740.001
ISBN:
9781451844740
ISSN:
1018-5941
Pages:
28
Keywords:
WP; balance of payments; poverty line; per capita income
Legal-disclaimer:
IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.
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Poverty alleviation is typically addressed in financial programming through additive programs that target vulnerable groups but without modifying the underlying stabilization and adjustment targets. Instead, this paper integrates the poverty alleviation objective into the financial programming framework using a well-known poverty index. In consequence, the assessment of trade-offs between competing objectives is facilitated. A simulation demonstrates how the integrated approach can reduce adverse effects on poverty and improve the balance of payments, although at the cost, temporarily, of a higher fiscal deficit and inflation.
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Cover IMF Working Papers
IMF Working Papers
ISSN:
1018-5941
Publisher:
International Monetary Fund