The Macroeconomics of Poverty Reduction

Pierre-Richard Agénor

Centre for Growth and Business Cycle Research Discussion Paper Series from Economics, The University of Manchester

Abstract: This paper puts in perspective the 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.

Pages: 86 pages
Date: 2004
New Economics Papers: this item is included in nep-afr and nep-mac
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Citations: View citations in EconPapers (4)

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Journal Article: THE MACROECONOMICS OF POVERTY REDUCTION (2005)
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Persistent link: https://EconPapers.repec.org/RePEc:man:cgbcrp:43

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