The author studies the links between macroeconomic adjustment and poverty. First, he summarizes some of the recent … evidence on poverty in the developing world. Second, he reviews the various channels through which macroeconomic policies … wages, employment, and poverty. Fourth, he presents cross-country regressions linking various macroeconomic and structural …

connected poverty trends. The main focus of the authors is understanding, for the case of Brazil, how a trade shock interacts … with these structural forces and ascertaining whether it enhances or hinders medium-term poverty reduction. In particular …, they consider the interactions between the migration of labor out of agriculture, a potentially important poverty reduction …

consumption and the incidence of poverty across each of 260 districts. Counterfactual analyses indicate geographically diverse … impacts years after the crisis. Proportionate impacts on the poverty rate were greater in initially better off and less …