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alive, enterprises afloat, and households out of poverty. The pandemic has macroeconomic dimensions. First, it affects … macroeconomic stability and growth. Second, the tools of macroeconomic policy-fiscal and monetary policy together with debt … concludes that the pandemic could reinforce the existing trend towards higher social inequality. …
Persistent link: https://www.econbiz.de/10012228062
understanding of growth and inequality in the region. The region has experienced β- and σ-convergence; however, growth rates of per … health can enhance growth rate, whereas the overall revenue expenditure retards growth. Therefore, provinces' capital budgets …
Persistent link: https://www.econbiz.de/10012404488
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; macroeconomic policies ; economic growth ; employment ; poverty rates ; inequality … acceleration of output growth and employment creation, and contributed to reducing poverty rates. -- Latin American economies … outcomes, on the other hand, refer to the patterns of growth, inflation, employment, investment, balance of payments, and the …
Persistent link: https://www.econbiz.de/10009504596
Since the 1970s, Chile has exhibited a highly skewed income distribution accompanied with strong fluctuations over time. Although income distribution worsened notably in the 1970s-80s, a significant improvement was recorded in the first half of the 1990s, resulting from better economic and...
Persistent link: https://www.econbiz.de/10009408448
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We investigate the impact of the COVID-19 pandemic on income levels, poverty, and inequality in both the immediate … remained incomplete and was unevenly spread over the population even 22 months after the start of the pandemic. Poverty more … than doubled during the lockdown and even after almost two years was slightly higher than before the pandemic. Inequality …
Persistent link: https://www.econbiz.de/10013380686
policy in the coming decade. After remarkable economic growth in 1997-07, South Africa's progress slowed dramatically in 2009 … with the global financial crisis. Real GDP growth decelerated more than in other emerging markets and mineral exporting …'s post-GFC growth and fiscal slump: (1) an external story; (2) a macro story; and (3) a microeconomic story. Evidence of …
Persistent link: https://www.econbiz.de/10012816459
Understanding the relationship between income inequality and economic growth is of utmost importance to economists and … between inequality and growth via growth and inequality shocks for two large economies, China and the USA, for the years 1979 …- 2018. We find that a growth shock is inequality-increasing, and an inequality shock is growthreducing. We also find …
Persistent link: https://www.econbiz.de/10012404500