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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/3394| Title: | Pro-poor growth in Bolivia : accounting for external shocks and policy reforms |
| Keywords: | D58 O54 ddc:330 Pro-poor Growth , CGE Analysis , Bolivia Wirtschaftsreform Schock Armut Wirtschaftswachstum Allgemeines Gleichgewicht Schätzung Bolivien |
| Issue Date: | 16-Oct-2013 |
| Publisher: | Kiel Institute for the World Economy (IfW) Kiel |
| Description: | This paper analyzes how major external shocks and policy reforms affect Bolivia?s ability to achieve pro-poor growth. Employing a recursive-dynamic CGE model, it considers three different scenarios: an optimistic baseline scenario that roughly extrapolates the situation prevailing before the onset of the recent economic crisis; a more realistic scenario that accounts for two important negative external shocks (declining capital inflows and El Ni?o); and a scenario that captures the combined effect of the shocks and two major reform projects (development of the gas sector and deregulation of the urban labor market). It turns out that the shocks have not only contributed to the economic crisis, but that they are also likely to impair Bolivia?s medium-term development prospects, leading to marked increases in both urban and rural poverty. If the reform projects were implemented, their impact on growth would be large enough to slightly overcompensate the impact of the negative external shocks. The poverty increase caused by the shocks would be more than offset for urban households, but reinforced for rural households. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/3394 |
| Other Identifiers: | Kiel working paper Institut für Weltwirtschaft, Kiel 1231 http://hdl.handle.net/10419/3394 ppn:47232165X ppn:47232165X |
| Appears in Collections: | EconStor |
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