The Effect of International Monetary Fund and World Bank Programs on Poverty

The Effect of International Monetary Fund and World Bank Programs on Poverty
Author :
Publisher : World Bank Publications
Total Pages : 36
Release :
ISBN-10 : 9780202080116
ISBN-13 : 0202080110
Rating : 4/5 (110 Downloads)

Book Synopsis The Effect of International Monetary Fund and World Bank Programs on Poverty by : William Easterly

Download or read book The Effect of International Monetary Fund and World Bank Programs on Poverty written by William Easterly and published by World Bank Publications. This book was released on 2001 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is some evidence that IMF and World Bank adjustment lending smooths consumption for the poor, reducing the rise in poverty for any given contraction of the economy but also reducing the fall in poverty for any given expansion. Adjustment lending plays a similar role as inequality, reducing poverty's sensitivity to the economy's aggregate growth rate.


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