-financed targeted transfers more effectively reduce headcount poverty and inequality with macroeconomic repercussions similar to those …

real exchange appreciation, while domestic financing can crowd out the private sector and slow poverty reduction. Spending … lower poverty elasticity of growth. …

poverty. But they did not create a legalized institutional regime, in which precise obligations would be delegated to specific … the causes and remedies of global poverty. Their formulation and implementation should also draw on national institutions …

development indicators, including poverty reduction, would be positive. However, if most additional resources are from domestic …

explores the impact of this structural change in the rate of poverty reduction and concludes that it is far from negligible. …

The authors examine the empirical evidence in support of the poverty trap view of underdevelopment. They calibrate … simple aggregate growth models in which poverty traps can arise due to either low saving or low technology at low levels of … development. They then use these models to assess the empirical relevance of poverty traps and their consequences for policy. The …

for half of economic growth. Finally, institutions can affect poverty and equity, although the effects seem generally …