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 … deficit and debt ratios. This paper discusses these macroeconomic dimensions, focusing on the developing world. The paper …

Household debt has increased significantly since the second half of the 20th century, making it one of the cornerstones … the poverty framework, while also taking into account the (potential) leverage by assets. We focus on a case study of …-indebted, our analyses point towards the importance of low disposable income and the ownership of non-mortgage debt in explaining …

This paper explores the link between poverty and resource allocation, including the management of natural resources, by … chronically indebted rural smallholders in developing countries. The paper proposes a formal intertemporal model of a credit …, indebtedness and costs of obtaining credit. The evolution of the natural resource base is closely dependent on the investment …