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The Macroeconomics Of Poverty Reduction

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  • PIERRE-RICHARD AGENOR

Abstract

This paper puts in perspective recent research on the macroeconomics of poverty reduction. It begins by arguing that research on poverty was, and continues to be, distorted by an excessive focus on micro and measurement issues. The debate on 'pro-poor growth' is used to illustrate the extent of this bias. Next, it provides a review of the transmission channels of macroeconomic policies to the poor, with particular emphasis on the role of the labor market. It then presents a new class of theoretical and applied macroeconomic models for poverty analysis. It concludes by identifying directions for future research. Copyright Blackwell Publishing Ltd and The Victoria University of Manchester, 2005..

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Bibliographic Info

Article provided by University of Manchester in its journal The Manchester School.

Volume (Year): 73 (2005)
Issue (Month): 4 (07)
Pages: 369-434

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Handle: RePEc:bla:manchs:v:73:y:2005:i:4:p:369-434

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Citations

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Cited by:
  1. Agenor, Pierre-Richard & Bayraktar, Nihal & Pinto Moreira, Emmanuel, 2006. "Linking public investment programs and SPAHD macro models : methodology and application to aid requirements," Policy Research Working Paper Series 3944, The World Bank.
  2. Ricardo N. Bebczuk, 2008. "Dolarización y Pobreza en Ecuador," CEDLAS, Working Papers, CEDLAS, Universidad Nacional de La Plata 0066, CEDLAS, Universidad Nacional de La Plata.
  3. Agénor, Pierre-Richard & Bayraktar, Nihal & El Aynaoui, Karim, 2008. "Roads out of poverty? Assessing the links between aid, public investment, growth, and poverty reduction," Journal of Development Economics, Elsevier, Elsevier, vol. 86(2), pages 277-295, June.
  4. Gutierrez, Catalina & Orecchia, Carlo & Paci, Pierella & Serneels, Pieter, 2007. "Does employment generation really matter for poverty reduction ?," Policy Research Working Paper Series 4432, The World Bank.
  5. John Weeks & Shruti Patel, 2007. "Fiscal Policy," Publications, International Policy Centre for Inclusive Growth 1, International Policy Centre for Inclusive Growth.
  6. Duarte Guimarães & Ana Paula Ribeiro & Sandra Tavares Silva, 2012. "Macroeconomic Fundamentals of Poverty and Deprivation: an empirical study for developed countries," FEP Working Papers 460, Universidade do Porto, Faculdade de Economia do Porto.
  7. Dennis L. Gärtner & Manfred Gärtner, 2008. "Wage Traps as a Cause of Illiteracy, Child Labor, and Extreme Poverty," University of St. Gallen Department of Economics working paper series 2008, Department of Economics, University of St. Gallen 2008-02, Department of Economics, University of St. Gallen.

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