How monetary policy affects poverty: nexus and consequences
This case study provides some interesting insights and phenomena. It was observed that how monetary policy badly affected the poverty situation in Pakistan. This study covers three important aspects of the socio-economic changes in Pakistan in the recent past. First it describes the macroeconomic growth in the different political regimes. Second aspect of the study is to assess the poverty levels in Pakistan. In this part, we have compared the poverty in Pakistan with the selected countries and trends over the period have also been shown. Third aspect of the study is to identify the impact and contribution of monetary policy in poverty and income distribution.
|Date of creation:||04 Mar 2008|
|Date of revision:||07 Dec 2008|
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- Tobin, James, 1969. "A General Equilibrium Approach to Monetary Theory," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 1(1), pages 15-29, February.
- Shleifer, Andrei & Vishny, Robert W, 1986.
"Large Shareholders and Corporate Control,"
Journal of Political Economy,
University of Chicago Press, vol. 94(3), pages 461-88, June.
- Williamson, Oliver E, 1988. " Corporate Finance and Corporate Governance," Journal of Finance, American Finance Association, vol. 43(3), pages 567-91, July.
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