This survey of the recent literature asks: how important is trade policy for poverty reduction? We consider the effects … of openness on poverty in two components: the effect of openness on average income growth, and the effect on distribution … of growth and poverty reduction. Trade openness has important positive spillovers on other aspects of reform, however, so …

significantly reduce poverty and unemployment. Growth averaged 3 percent over the last decade. It has been volatile because of the …

This paper investigates the link between macroeconomic performance and the change in the poverty rate among 47 episodes … greater the inequality, the lower the elasticity of poverty to growth, and the higher the mean income, the higher the … downturn; and (iii) higher growth does not bring diminishing returns to poverty reduction. Moreover, we show that very high …

This paper provides a brief and selective overview of research on the links between macroeconomic policies and poverty …

This paper uses the 1991 Indian trade liberalization to measure the impact of trade liberalization on poverty, and to … more exposed to liberalization were concentrated, experienced slower decline in poverty and lower consumption growth. The …

This Selected Issues paper analyzes spillover risks for Colombia. It highlights that external shocks could spill over … world. Colombia would be most exposed to a decline in oil prices, which could have a sizable adverse impact on the balance …

potential in 2014 and over the medium term, with inflation remaining within the target range of 2–4 percent. However, Colombia … volatility. The IMF staff assesses that Colombia continues to meet the qualification criteria for access to FCL resources, and … recommends completion of the review under the FCL arrangement for Colombia. …