Strauss, Tove (Trade Union Institute for Economic Research)
Abstract
This paper analyzes the effects of economic reforms for different income groups. My interest is spurred by the international debate on the social consequences of reforms and the potential adverse effects on poverty in particular. I find that the poor are in general positively affected by trade reforms, inflationary control, and structural reforms, while government consumption reduction affects the poorest income quintile negatively. In countries having undertaken World Bank financed reforms actual income of the poor was higher than predicted. Moreover, as the impact of reforms was strongest on the poor, World Bank support appears to reduce income inequality.
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Publisher Info
Paper provided by Trade Union Institute for Economic Research in its series Working Paper Series with number
164.
Find related papers by JEL classification: C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development O15 - Economic Development, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration O19 - Economic Development, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
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