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Economic reforms in Tanzania have resulted in low inflation and solid economic growth, but many observers question whether the standard of living of ordinary Tanzanians has improved. Furthermore, there is a strong suspicion that the benefits have been concentrated among the urban population and...
Persistent link: https://www.econbiz.de/10005805208
One of the most common criticisms of currency devaluation is that it causes disproportionate suffering among the poor. This study examines the distributional impact of price changes associated with devaluation in Rwanda using a simplified household-firm model based on household budget data. The...
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Our purpose is to present in detail numerical methods of measuring the value of nonmarket goods using market data, under either weak neutrality, weak complementarity, or any other preference restriction meeting the requirements discussed in this paper. It has been claimed in a number of places...
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The incidence of rural poverty in Pakistan increased during the late 1990s after having declined during the 1980s and early 1990s. A number of structural factors have been identified as contributing to rural poverty in Pakistan. Among them are low levels of health and education spending and the...
Persistent link: https://www.econbiz.de/10005838472
Economic reform programs assume that major goods are tradable, such that depreciation of the real exchange rate raises the value of output compared to factor costs in domestic currency. In Tanzania, major food staples that account for most real income are non-tradables in at least one-quarter of...
Persistent link: https://www.econbiz.de/10005805915
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