The Effect of International Monetary Fund and World Bank Programs on Poverty
Download or Read eBook The Effect of International Monetary Fund and World Bank Programs on Poverty PDF 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.
| Author | : William Easterly |
| Publisher | : World Bank Publications |
| Total Pages | : 36 |
| Release | : 2001 |
| ISBN-10 | : 9780202080116 |
| ISBN-13 | : 0202080110 |
| Rating | : 4/5 (16 Downloads) |
Book Synopsis The Effect of International Monetary Fund and World Bank Programs on Poverty by : William Easterly
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.
