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Simulating extended reproduction: Poverty reduction and class dynamics in Bolivia

Author

Listed:
  • Buzaglo, Jorge
  • Calzadilla, Alvaro

Abstract

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.

Suggested Citation

  • Buzaglo, Jorge & Calzadilla, Alvaro, 2008. "Simulating extended reproduction: Poverty reduction and class dynamics in Bolivia," MPRA Paper 28749, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:28749
    as

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    File URL: https://mpra.ub.uni-muenchen.de/28749/1/MPRA_paper_28749.pdf
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    References listed on IDEAS

    as
    1. Lipton, Michael & Ravallion, Martin, 1995. "Poverty and policy," Handbook of Development Economics,in: Hollis Chenery & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 3, chapter 41, pages 2551-2657 Elsevier.
    2. Edward N. Wolff & Ajit Zacharias, 2013. "Class structure and economic inequality," Cambridge Journal of Economics, Oxford University Press, vol. 37(6), pages 1381-1406.
    3. 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, April.
    4. 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.
    5. 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.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    industrial policy; income distribution; economic development; investment planning;

    JEL classification:

    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
    • O21 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Planning Models; Planning Policy

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