fluctuations and extreme output events (crises) on unemployment, poverty, and inequality. The authors find robust evidence that …. "--World Bank web site …

strategies and policies. The importance of the underlying poverty and distributional issues creates a need for relevant and … framework for simulating the poverty implications of the Dutch disease, a change in the terms of trade and budgetary policy. The … open economy. It is observed that, while aggregate welfare and poverty effects may be negligible, the structural and …

, influences the extent of poverty today and the prospects for rapid poverty reduction in the future. "--World Bank web site … poverty in terms of consumption (or income) is the overriding issue in poor countries, and (2) the only thing that really … matters to reducing absolute income poverty is the rate of economic growth. The author takes (1) as given but questions (2 …

"The idea that developing countries face a trade-off between poverty and inequality has had considerable influence on … systematic trade-off between measures of absolute poverty and relative inequality. Indeed, falling inequality tends to come with … falling poverty incidence. And rising inequality appears more likely to be putting a brake on poverty reduction than to be …