Following the adoption by the international community of the Poverty Reduction Strategy Paper (PRSP) approach, which … poverty and social impact analysis (PSIA) of different policy reforms being considered by the low income countries. This paper … suggested framework could be utilized to investigate the poverty/income distributional implications of introducing a value …

for two Heavily Indebted Poor Countries (HIPCs), Tanzania and Zambia. The simulation results suggest that education … structure of effective demand for labor. An important result of the simulation experiments is that a well-targeted pattern of … education expenditure can be effective for poverty alleviation …

The econometric literature has been unable to establish a robust association between foreign aid and growth and poverty … countries. The model quantifies three sources of poverty: (i) lack of access to international capital, (ii) low schooling and … high fertility (a poverty trap), and (iii) antigrowth domestic fiscal policy. We analyze policies designed to address each …

, multiple equilibrium growth paths can exist, including a poverty trap. If the ratio is not substantially low, trade … liberalization can allow an economy in a poverty trap to transform into one with continuous education and higher output growth …