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Simulating extended reproduction: Poverty reduction and class dynamics in Bolivia

  • Buzaglo, Jorge
  • Calzadilla, Alvaro

An extended reproduction model is used to simulate the effects of alternative poverty reduction strategies. Three policy variables are introduced: (de)indebtedness policy, investment policy and income distribution policy, contributing respectively to the objectives of policy sovereignty, structural change and social justice. The Millennium Development Goal of halving extreme poverty by 2015 seems to be a difficult, but attainable goal for Bolivia. The model shows also the effects of poverty reduction strategies on the different social classes.

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File URL: http://mpra.ub.uni-muenchen.de/28749/1/MPRA_paper_28749.pdf
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 28749.

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Date of creation: 2008
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Handle: RePEc:pra:mprapa:28749
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  1. Guillermo E. Perry & Omar S. Arias & J. Humberto López & William F. Maloney & Luis Servén, 2006. "Poverty Reduction and Growth : Virtuous and Vicious Circles," World Bank Publications, The World Bank, number 6997, December.
  2. Heinz Kurz & Neri Salvadori, 2000. "'Classical' Roots of Input-Output Analysis: A Short Account of its Long Prehistory," Economic Systems Research, Taylor & Francis Journals, vol. 12(2), pages 153-179.
  3. Edward N. Wolff & Ajit Zacharias, 2013. "Class structure and economic inequality," Cambridge Journal of Economics, Oxford University Press, vol. 37(6), pages 1381-1406.
  4. Lipton, Michael & Ravallion, Martin, 1993. "Poverty and policy," Policy Research Working Paper Series 1130, The World Bank.
  5. Jeffrey Round, 2003. "Constructing SAMs for Development Policy Analysis: Lessons Learned and Challenges Ahead," Economic Systems Research, Taylor & Francis Journals, vol. 15(2), pages 161-183.
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