Macroeconomic structural policies and income inequality in low-income developing countries /
Fabrizio, Stefania,
Macroeconomic structural policies and income inequality in low-income developing countries / Macro-structural policies and income inequality in low-income developing countries Stefania Fabrizio, Davide Furceri, Rodrigo Garcia-Verdu, Bin Grace Li, Sandra V. Lizarazo, Marina Mendes Tavares, Futoshi Narita, and Adrian Peralta-Alva. - 1 online resource (42 pages): color illustrations. - IMF staff discussion note ; SDN/17/01 . - IMF staff discussion note ; SDN/17/01. .
"January 2017."
Includes bibliographical references (pages 39-42).
Despite sustained economic growth and rapid poverty reductions, income inequality remains stubbornly high in many low-income developing countries. This pattern is a concern as high levels of inequality can impair the sustainability of growth and macroeconomic stability, thereby also limiting countries' ability to reach the Sustainable Development Goals. This underscores the importance of understanding how policies aimed at boosting economic growth affect income inequality. Using empirical and modeling techniques, the note confirms that macro-structural policies aimed at raising growth payoffs in low-income developing countries can have important distributional consequences, with the impact dependent on both the design of reforms and on country-specific economic characteristics. While there is no one-size-fits-all recipe, the note explores how governments can address adverse distributional consequences of reforms by designing reform packages to make pro-growth policies also more inclusive.
9781475570496 147557049X
Income distribution--Developing countries.
Fiscal policy--Developing countries.
Fiscal policy.
Income distribution.
BUSINESS & ECONOMICS / Economics / Macroeconomics.
POLITICAL SCIENCE / Economic Conditions.
Developing countries.
Electronic books.
HC79.I5 / F322 2017
339.2
Macroeconomic structural policies and income inequality in low-income developing countries / Macro-structural policies and income inequality in low-income developing countries Stefania Fabrizio, Davide Furceri, Rodrigo Garcia-Verdu, Bin Grace Li, Sandra V. Lizarazo, Marina Mendes Tavares, Futoshi Narita, and Adrian Peralta-Alva. - 1 online resource (42 pages): color illustrations. - IMF staff discussion note ; SDN/17/01 . - IMF staff discussion note ; SDN/17/01. .
"January 2017."
Includes bibliographical references (pages 39-42).
Despite sustained economic growth and rapid poverty reductions, income inequality remains stubbornly high in many low-income developing countries. This pattern is a concern as high levels of inequality can impair the sustainability of growth and macroeconomic stability, thereby also limiting countries' ability to reach the Sustainable Development Goals. This underscores the importance of understanding how policies aimed at boosting economic growth affect income inequality. Using empirical and modeling techniques, the note confirms that macro-structural policies aimed at raising growth payoffs in low-income developing countries can have important distributional consequences, with the impact dependent on both the design of reforms and on country-specific economic characteristics. While there is no one-size-fits-all recipe, the note explores how governments can address adverse distributional consequences of reforms by designing reform packages to make pro-growth policies also more inclusive.
9781475570496 147557049X
Income distribution--Developing countries.
Fiscal policy--Developing countries.
Fiscal policy.
Income distribution.
BUSINESS & ECONOMICS / Economics / Macroeconomics.
POLITICAL SCIENCE / Economic Conditions.
Developing countries.
Electronic books.
HC79.I5 / F322 2017
339.2