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 For full Report: Kenya
on this study are: 1. increasing the number of available formal sector jobs; 2. raising productivity levels for existing areas of employment, in agriculture as well as both the informal and formal sectors. The main channel for achiev- ing higher productivity is to...
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on this study are: 1. increasing the number of available formal sector jobs; 2. raising productivity levels for existing areas of employment, in agriculture as well as both the informal and formal sectors. The main channel for achiev- ing higher productivity is to increase the levels of both public and private investment; 3. expanding the size of the domestic and foreign markets for goods and ser- vices produced by Kenyans; 4. improving access to both domestic and foreign markets, for large-scale and small
228 0 http://www.undp-povertycentre.org/publications/reports/Kenya.pdf#page=228 www.undp-povertycentre.org/publications/reports/Kenya.pdf#page=228
<span class="highlight">on</span> this study are: 1. increasing the number <span class="highlight">of</span> available formal sector jobs; 2. raising productivity levels for existing areas <span class="highlight">of</span> employment, in agriculture as well as both the informal <span class="highlight">and</span> formal sectors. The main <span class="highlight">channel</span> for achiev- ing higher productivity is to increase the levels <span class="highlight">of</span> both public <span class="highlight">and</span> private investment; 3. expanding the size <span class="highlight">of</span> the domestic <span class="highlight">and</span> foreign markets for goods <span class="highlight">and</span> ser- vices produced by Kenyans; 4. improving access to both domestic <span class="highlight">and</span> foreign markets, for large-scale <span class="highlight">and</span> small
 For full Report: South Africa
68 68
83 83
180 180
capital, profit- ability and relative returns to investment in physical capital, and indicators of uncertainty and instability. We explore further the determinants of investment by focusing on the factors that are most directly related to macroeconomic poli...
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capital, profit- ability and relative returns to investment in physical capital, and indicators of uncertainty and instability. We explore further the determinants of investment by focusing on the factors that are most directly related to macroeconomic policy. Mac- roeconomic policy may affect investment through the cost of capital. We decompose the cost of capital to investigate the factors that are most pertinent in driving private investment. We explore the interest rate and exchange rate channels of the
68 0 http://www.undp-povertycentre.org/publications/reports/South%20Africa.pdf#page=68 www.undp-povertycentre.org/publications/reports/South%20Africa.pdf#page=6...
35Supply-Side Perspectives <span class="highlight">on</span> Employment Expansion rise in worker morale associated with a higher wage standard. In light <span class="highlight">of</span> the current discussion, it is also important to recognize that this same efficiency wage effect will operate in reverse. That is, a strategy <span class="highlight">of</span> wage cutting will en- gender reduced efficiency&mdash;more turnover, more absenteeism, lower morale <span class="highlight">on</span> the job. Thus, through this negative efficiency wage <span class="highlight">channel</span> as well, a wage- cutting strategy would seem to be a viable strategy for reducing
83 0 http://www.undp-povertycentre.org/publications/reports/South%20Africa.pdf#page=83 www.undp-povertycentre.org/publications/reports/South%20Africa.pdf#page=8...
will work in South Africa. One effect is that the lower interest rates will en- courage consumers to borrow more, <span class="highlight">and</span> thereby increase their purchases <span class="highlight">of</span> homes, cars, <span class="highlight">and</span> consumer durables. The other effect will be to lower the payments households have to make <span class="highlight">on</span> their existing debts, since payments <span class="highlight">on</span> most debts vary with changes in interest rates. Through this <span class="highlight">channel</span>, even if consumers do not borrow more money due to the fall in interest rates, they will still have more income to spend, since it will
180 0 http://www.undp-povertycentre.org/publications/reports/South%20Africa.pdf#page=180 www.undp-povertycentre.org/publications/reports/South%20Africa.pdf#page=1...
capital, profit- ability <span class="highlight">and</span> relative returns to investment in physical capital, <span class="highlight">and</span> indicators <span class="highlight">of</span> uncertainty <span class="highlight">and</span> instability. We explore further the determinants <span class="highlight">of</span> investment by focusing <span class="highlight">on</span> the factors that are most directly related to macroeconomic policy. Mac- roeconomic policy may affect investment through the cost <span class="highlight">of</span> capital. We decompose the cost <span class="highlight">of</span> capital to investigate the factors that are most pertinent in driving private investment. We explore the interest rate <span class="highlight">and</span> exchange rate <span class="highlight">channels</span> <span class="highlight">of</span> the
 Can Privatisation and Commercialisation of Public Services Help Achieve The MDGs? An Asses...
average daily incom e of Africans earning less than one dollar per day dropped from 64 cents in 1981 to 60 cents in 2001 (World D evelopment Indicators 2005). 1.1 SH IFTIN G TH E D EBATE This working paper exam ines the im pact of m arket-oriented reform policies on t...
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average daily incom e of Africans earning less than one dollar per day dropped from 64 cents in 1981 to 60 cents in 2001 (World D evelopment Indicators 2005). 1.1 SH IFTIN G TH E D EBATE This working paper exam ines the im pact of m arket-oriented reform policies on the delivery of basic services. There is consensus that achieving the M D G s will require efficient and equitable delivery of basic public services, especially water, electricity, health care and education. The debate is over the choice of
4 0 http://www.undp-povertycentre.org/pub/IPCWorkingPaper22.pdf#page=4 www.undp-povertycentre.org/pub/IPCWorkingPaper22.pdf#page=4
average daily incom e <span class="highlight">of</span> Africans earning less than one dollar per day dropped from 64 cents in 1981 to 60 cents in 2001 (World D evelopment Indicators 2005). 1.1 SH IFTIN G TH E D EBATE This working paper exam ines the im pact <span class="highlight">of</span> <span class="highlight">m</span> arket-oriented reform policies <span class="highlight">on</span> the delivery <span class="highlight">of</span> basic services. There is consensus that achieving the <span class="highlight">M</span> D G s will require efficient <span class="highlight">and</span> equitable delivery <span class="highlight">of</span> basic public services, especially water, electricity, health care <span class="highlight">and</span> education. The debate is <span class="highlight">over</span> the choice <span class="highlight">of</span>
 Managing the Exchange Rate Consequences of an MDG-Related Scale-up in HIV/AIDS Financing
8 Conference Paper Not only is this likely to have an effect on overall output growth; in the area of food production it can also have a direct effect on hum an developm ent outcom es. In econom ies where food production for hom e consum ption is critical to m eeting ...
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8 Conference Paper Not only is this likely to have an effect on overall output growth; in the area of food production it can also have a direct effect on hum an developm ent outcom es. In econom ies where food production for hom e consum ption is critical to m eeting m inim um dietary needs, reduced food production can m ean lower nutrition outcom es generally, and for children in particular. Poor nutrition outcom es, besides the direct im plication of increased hunger, can have negative
10 0 http://www.undp-povertycentre.org/pub/IPCConferencePaper1.pdf#page=10 www.undp-povertycentre.org/pub/IPCConferencePaper1.pdf#page=10
8 Conference Paper Not only is this likely to have an effect <span class="highlight">on</span> overall output growth; in the area <span class="highlight">of</span> food production it can also have a direct effect <span class="highlight">on</span> hum an developm ent outcom es. In econom ies where food production for hom e consum ption is critical to <span class="highlight">m</span> eeting <span class="highlight">m</span> inim um dietary needs, reduced food production can <span class="highlight">m</span> ean lower nutrition outcom es generally, <span class="highlight">and</span> for children in particular. Poor nutrition outcom es, besides the direct im plication <span class="highlight">of</span> increased hunger, can have negative
 The Challenges of El Salvador�s Conditional Cash Transfer Programme, Red Solidaria
of them have to reach these destinations on foot. These three key stakeholders (FISDL local representatives, municipal liaisons and NGOs for family support and follow-up) are the core of the municipal committees of the programme, which also include represent...
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of them have to reach these destinations on foot. These three key stakeholders (FISDL local representatives, municipal liaisons and NGOs for family support and follow-up) are the core of the municipal committees of the programme, which also include representatives from the health and education sectors (usually the director of the health unit in the municipality and an employee of the departmental office of the Ministry of Education), as well as community leaders and, in some cases, representatives
17 0 http://www.undp-povertycentre.org/pub/IPCCountryStudy9.pdf#page=17 www.undp-povertycentre.org/pub/IPCCountryStudy9.pdf#page=17
<span class="highlight">of</span> them have to reach these destinations <span class="highlight">on</span> foot. These three key stakeholders (FISDL local representatives, municipal liaisons <span class="highlight">and</span> NGOs for family support <span class="highlight">and</span> follow-up) are the core <span class="highlight">of</span> the municipal committees <span class="highlight">of</span> the programme, which also include representatives from the health <span class="highlight">and</span> education sectors (usually the director <span class="highlight">of</span> the health unit in the municipality <span class="highlight">and</span> an employee <span class="highlight">of</span> the departmental office <span class="highlight">of</span> the Ministry <span class="highlight">of</span> Education), as well as community leaders <span class="highlight">and</span>, in some cases, representatives
 Assessing the pro-poorness of government fiscal policy in Thailand
20 International Poverty Centre W orking Paper nº 15 REFERENCES Foster, J., G reer, J. and Thorbecke, E. (1984). “A Class of D ecom posable Poverty M easures”, Econometrica 52, No.3, 761-766. G em m ell, N. (2002). “Fiscal Policy in a G row th Fram...
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20 International Poverty Centre W orking Paper nº 15 REFERENCES Foster, J., G reer, J. and Thorbecke, E. (1984). “A Class of D ecom posable Poverty M easures”, Econometrica 52, No.3, 761-766. G em m ell, N. (2002). “Fiscal Policy in a G row th Fram ew ork”, D iscussion Paper No. 2001/84, W ID ER, Helsinki. Heller, P.S. (1981). “Testing the im pact of Value-Added and global incom e tax reform s on Korean Tax incidence in 1976: an input-output and sensitivity analysis”, IM F Staff Papers, Vol. 23
22 0 http://www.undp-povertycentre.org/pub/IPCWorkingPaper15.pdf#page=22 www.undp-povertycentre.org/pub/IPCWorkingPaper15.pdf#page=22
20 International Poverty Centre W orking Paper n&ordm; 15 REFERENCES Foster, J., G reer, J. <span class="highlight">and</span> Thorbecke, E. (1984). &ldquo;A Class <span class="highlight">of</span> D ecom posable Poverty <span class="highlight">M</span> easures&rdquo;, Econometrica 52, No.3, 761-766. G em <span class="highlight">m</span> ell, N. (2002). &ldquo;Fiscal Policy in a G row th Fram ew ork&rdquo;, D iscussion Paper No. 2001/84, W ID ER, Helsinki. Heller, P.S. (1981). &ldquo;Testing the im pact <span class="highlight">of</span> Value-Added <span class="highlight">and</span> global incom e tax reform s <span class="highlight">on</span> Korean Tax incidence in 1976: an input-output <span class="highlight">and</span> sensitivity analysis&rdquo;, IM F Staff Papers, Vol. 23
 The Impact of Foreign Aid on Government Spending, Revenue and Domestic Borrowing in Ethiop...
Pedro M . G . M artins 19 the variables. The ‘critical values’ used to assess cointegration were those from Pesaran et al. (2001). The target for government revenues (T*) was obtained by regressing T on exports (X) and imports (M ). Export taxes were u...
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Pedro M . G . M artins 19 the variables. The ‘critical values’ used to assess cointegration were those from Pesaran et al. (2001). The target for government revenues (T*) was obtained by regressing T on exports (X) and imports (M ). Export taxes were until recently an important source of revenue while import duties have accounted for a substantial share of tax revenue. The target for government investment (Ig*) was obtained from the fitted values of the long-run relationship among G D P, loan
21 0 http://www.undp-povertycentre.org/pub/IPCWorkingPaper41.pdf#page=21 www.undp-povertycentre.org/pub/IPCWorkingPaper41.pdf#page=21
Pedro <span class="highlight">M</span> . G . <span class="highlight">M</span> artins 19 the variables. The &lsquo;critical values&rsquo; used to assess cointegration were those from Pesaran et al. (2001). The target for government revenues (T*) was obtained by regressing T <span class="highlight">on</span> exports (X) <span class="highlight">and</span> imports (<span class="highlight">M</span> ). Export taxes were until recently an important source <span class="highlight">of</span> revenue while import duties have accounted for a substantial share <span class="highlight">of</span> tax revenue. The target for government investment (Ig*) was obtained from the fitted values <span class="highlight">of</span> the long-run relationship among G D P, loan
 An Employment-targeted Economic Programme for South Africa
ew here around 3.6 percent over a five year policy tim efram e. The resulting effects on inflation and the exchange rate w ould rem ain relatively m odest. H ow ever, the four percentage point decline in lending rates w ould not, by itself, induce an adequate increase in...
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ew here around 3.6 percent over a five year policy tim efram e. The resulting effects on inflation and the exchange rate w ould rem ain relatively m odest. H ow ever, the four percentage point decline in lending rates w ould not, by itself, induce an adequate increase in econom ic grow th for the 75–80 percent of the econom y that is not receiving credit subsidies. But in our judgm ent, allow ing the fiscal deficit to rise to roughly three percent of GDP should provide the rem aining stim ulus to m
9 0 http://www.undp-povertycentre.org/pub/IPCCountryStudy1.pdf#page=9 www.undp-povertycentre.org/pub/IPCCountryStudy1.pdf#page=9
ew here around 3.6 percent <span class="highlight">over</span> a five year policy tim efram e. The resulting effects <span class="highlight">on</span> inflation <span class="highlight">and</span> the exchange rate w ould rem ain relatively <span class="highlight">m</span> odest. H ow ever, the four percentage point decline in lending rates w ould not, by itself, induce an adequate increase in econom ic grow th for the 75&ndash;80 percent <span class="highlight">of</span> the econom y that is not receiving credit subsidies. But in our judgm ent, allow ing the fiscal deficit to rise to roughly three percent <span class="highlight">of</span> GDP should provide the rem aining stim ulus to <span class="highlight">m</span>
 Do Changes in the Labour Market Take Families out of Poverty? Determinants of Exiting Pove...
interview ed and w as in poverty. The consequence of this expansion on the sam ple has already been show n in Table 2. The results of the estim ated probability of exiting poverty for this new sam ple are show n in Table 5. All of the m odels use the...
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interview ed and w as in poverty. The consequence of this expansion on the sam ple has already been show n in Table 2. The results of the estim ated probability of exiting poverty for this new sam ple are show n in Table 5. All of the m odels use the households’ fixed covariates and include tim e-varying covariates in stages. The first m odel considers only the fluctuations in all em ployees’ average w age. The second m odel specifies the variation in average incom e according to occupation. The third m odel
22 0 http://www.undp-povertycentre.org/pub/IPCWorkingPaper44.pdf#page=22 www.undp-povertycentre.org/pub/IPCWorkingPaper44.pdf#page=22
interview ed <span class="highlight">and</span> w as in poverty. The consequence <span class="highlight">of</span> this expansion <span class="highlight">on</span> the sam ple has already been show n in Table 2. The results <span class="highlight">of</span> the estim ated probability <span class="highlight">of</span> exiting poverty for this new sam ple are show n in Table 5. All <span class="highlight">of</span> the <span class="highlight">m</span> odels use the households&rsquo; fixed covariates <span class="highlight">and</span> include tim e-varying covariates in stages. The first <span class="highlight">m</span> odel considers only the fluctuations in all em ployees&rsquo; average w age. The second <span class="highlight">m</span> odel specifies the variation in average incom e according to occupation. The third <span class="highlight">m</span> odel
 For full Report: Zambia
120 120
121 121
In other words, the Bank of Zambia has been largely 111 Eco lic r ro th y n e dy mnomic Po ies fo G w , Emplo ment a d Poverty Reduction: Cas Stu of Za bia c m Po s r o th, mp y nt nd v rt R n: a y f Za bE ono ic licie fo Gr w E lo me a Po e y eductio C se Stud o ...
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In other words, the Bank of Zambia has been largely 111 Eco lic r ro th y n e dy mnomic Po ies fo G w , Emplo ment a d Poverty Reduction: Cas Stu of Za bia c m Po s r o th, mp y nt nd v rt R n: a y f Za bE ono ic licie fo Gr w E lo me a Po e y eductio C se Stud o m ia 6 110 commercial channel for official and non- government organisation currency flows. These channels, possibly operating under different exchange rates, would reflect the specific features of each type of currency flow
120 0 http://www.undp-povertycentre.org/publications/reports/Zambia.pdf#page=120 www.undp-povertycentre.org/publications/reports/Zambia.pdf#page=120
In other words, the Bank <span class="highlight">of</span> Zambia has been largely 111 Eco mic Polic s for ro th, mp ym nt <span class="highlight">and</span> v rt R d n: a e dy f Zambiano ie G w E lo e Po e y e uctio C s Stu o c nomic Po ies for G owth, Employment <span class="highlight">and</span> Povert Redu tion: a y <span class="highlight">of</span> Za biaE o lic r y c C se Stud <span class="highlight">m</span> 6 110 commercial <span class="highlight">channel</span> for official <span class="highlight">and</span> non- government organisation currency flows. These <span class="highlight">channels</span>, possibly operating under different exchange rates, would reflect the specific features <span class="highlight">of</span> each type <span class="highlight">of</span> currency flow. Transactions
121 0 http://www.undp-povertycentre.org/publications/reports/Zambia.pdf#page=121 www.undp-povertycentre.org/publications/reports/Zambia.pdf#page=121
In other words, the Bank <span class="highlight">of</span> Zambia has been largely 111 Eco lic r ro th y n e dy mnomic Po ies fo G w , Emplo ment a d Poverty Reduction: Cas Stu <span class="highlight">of</span> Za bia c <span class="highlight">m</span> Po s r o th, mp y nt nd v rt R n: a y f Za bE ono ic licie fo Gr w E lo me a Po e y eductio C se Stud o <span class="highlight">m</span> ia 6 110 commercial <span class="highlight">channel</span> for official <span class="highlight">and</span> non- government organisation currency flows. These <span class="highlight">channels</span>, possibly operating under different exchange rates, would reflect the specific features <span class="highlight">of</span> each type <span class="highlight">of</span> currency flow
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