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Economic Growth and Poverty Reduction in Colombia by Adriana Rocío Cardozo Silva Pdf
This book analyses the distributional effects of economic growth on different dimensions of poverty in Colombia. It provides a microeconomic perspective on how economic growth affected poverty and inequality at the household level, as well as a macroeconomic perspective on the effects of growth on regional living standards. The study incorporates recent discussions on multidimensional analysis of well-being and goes beyond traditional income based measures, thereby contributing to the ongoing research on how to measure pro-poor growth and on the importance of incorporating different dimensions of well-being in convergence analysis.
"That raising income levels alleviates poverty, and that economic growth can be more or less effective in doing so, is well known and has received renewed attention in the search for pro-poor growth. What is less well explored is the reverse channel: that poverty may, in fact, be part of the reason for a country's poor growth performance. This more elabborated view of the development process opens the door to the existence of vicious circles in which low growth results in high poverty and high poverty in turn results in low growth. Poverty Reduction and Growth is about the existence of these vicious circles in Latin America and the Caribbean about the ways and means to convert them into virtuous circles in which poverty reduction and high growth reinforce each other. Through its analysis of fresh data and the attention it pays to issues such as the persistent inequality in the region, the role played by various microdeterminants of income, and the potential existence of human capital underinvestment traps, this title should be a valuable contribution to the current regional debate on poverty and growth, a debate that is critical to the design of policies conducive to enhancing welfare in all is dimensions among the poor of Latin America and the Caribbean."
Environmental Priorities and Poverty Reduction by Ernesto Sánchez Triana,Kulsum Ahmed,Yewande Awe Pdf
Environmental degradation is associated with increased morbidity and mortality and decreased productivity. Urban and indoor air pollution; inadequate water supply, sanitation, and hygiene; natural disasters (mainly floods and landslides); and land degradation are the environmental problems associated with the highest social and economic costs, falling most heavily on vulnerable people, especially poor children under five years old. This book begins by exploring institutional change and environmental priorities in Colombia over the past 50 years, a time of substantial progress in environmental protection and rapid transition from a largely rural to a highly urbanised economy. Part 2 assesses the burden of disease rooted in inadequate water supply, sanitation, and hygiene; poor air quality; and natural disasters; and the environmental management practices to reduce that burden. A discussion of the environmental costs of rapid and unplanned urbanisation is also included. Part 3 assesses the sustainable management of Colombia's rich endowment of natural resources.
Colombia by International Monetary Fund. Western Hemisphere Dept. Pdf
This Selected Issues paper addresses key areas that would contribute to maintaining macroeconomic stability and inclusive growth. Strong economic growth in Colombia has significantly reduced poverty, but has had limited impact on reducing inequality. Strong growth and social programs have helped reduce poverty. Going forward, efforts to further strengthen education, pension, and tax systems stand to yield important social gains, as recognized by the national development plan. Labor market distortions have declined in recent years, but challenges remain. The elimination of infrastructure gaps will also play a key role in sustaining strong and broad-based growth, and supporting further economic diversification.
Colombia Urbanization Review by Taimur Samad,Nancy Lozano-Gracia,Alexandra Panman Pdf
The efficiency and productivity of Colombia's urban system will be a key determinant in the ability of the country to transition from a middle to a higher income economy. Economic growth is strongly driven by commodities in Colombia and other Latin American countries. However, the contribution of urban activities to urban growth is non-negligible when all urban activities are added. Strengthening the roles of cities may contribute to mitigating the risks inherent to commodity intensive economies and can support a stronger resource-based manufacturing economic structure and more knowledge intensive industries. In addition, a well functioning urban system is important for quality of life in a country with a highly urban population: almost 80 percent of Colombians live in urban areas, and urbanization is correlated with poverty reduction and improved access to basic services. The Colombia Urbanization Review: Amplifying the Gains from the Urban Transition aims to provide diagnostic tools to inform policy dialogue and investment priorities on urbanization by operationalizing the framework for urban policy developed in the 2009 World Development Report, Reshaping Economic Geography and the Bank's new Urban and Local Government Strategy, System of Cities: Harnessing Urbanization for Growth and Poverty Reduction. The review was implemented in two stages. A first stage looked at the system of cities in Colombia and identified a series of bottlenecks that limit the efficiency of the system. Three key topics were identified from the first phase diagnostics for further analysis in the second phase, in close discussion with the Department of National Planning. The three cross-cutting topics identified for a policy ‘deep dive' in phase two were:deepening economic connectivity, enhancing coordination at a regional and metropolitan scale, and fostering efficiency and innovativeness in how cities finance themselves.
Author : World Bank Publisher : World Bank Publications Page : 368 pages File Size : 55,9 Mb Release : 1994 Category : Business & Economics ISBN : STANFORD:36105016290293
Review: "This report by World Bank economists and Colombian consultants maps out a strategy for poverty reduction in Colombia by concentrating efforts on rural development, social and infrastructural services, and decentralization strengthening. Expenditures would be financed by revenues generated by oil exports, presupposing macroeconomic health and increased government efficiency and accountability"--Handbook of Latin American Studies, v. 57.
Shared Prosperity and Poverty Eradication in Latin America and the Caribbean by Louise Cord,MarÃa Genoni,Carlos RodrÃguez-Castelán Pdf
Over the last decade Latin America and the Caribbean region has achieved important progress towards the World Bank Group's goals of eradicating extreme poverty and boosting income growth of the bottom 40 percent, propelled by remarkable economic growth and falling income inequality. Despite this impressive performance, social progress has not been uniform over this period, and certain countries, subregions and even socioeconomic groups participated less in the growth process. As of today, more than 75 million people still live in extreme poverty in the region (using $2.50/day/capita), half of them in Brazil and Mexico, and extreme poverty rates top 40 percent in Guatemala and reach nearly 60 percent in Haiti. This means that extreme poverty is still an important issue in both low- and middle-income countries in the region. As growth wanes and progress in reducing the still high levels of inequality in the region slows, it will be more important than ever for governments to focus policies on inclusive growth. The book includes an overview that highlights progress towards the goals of poverty eradication and shared prosperity between 2003 and 2012, unpacks recent gains at the household level using an income-based asset model, and examines some of the policy levers used to affect social outcomes in the region. It draws on 13 country studies, eight of which are featured in this volume: Argentina, Brazil, Colombia, El Salvador, Mexico, Paraguay, Peru, and Uruguay. The other case studies include: Bolivia, Chile, Dominican Republic, Ecuador, and Honduras, which will be included in the web version of the book.
This paper assesses the impact on the poor of the macroeconomic adjustment program undertaken in 1985-86. It finds that program-induced changes in production, employment, and real incomes have benefited the poor, while the adverse impact of program-induced price changes was modest and was largely cushioned by government policies. The paper describes the dimensions of poverty in Colombia, surveys government programs to alleviate poverty, and reviews the factors contributing to the improvement in the income distribution in recent years.
Colombia’s Slow Economic Growth by Ivan Luzardo-Luna Pdf
Looking at the years 1870-2016, this book analyses the reasons behind Colombia’s chronically slow economic growth. As a comparative economic history, it examines why Colombia has seen lower growth rates than countries with similar institutions, culture and colonial origins, such as Argentina in 1870-1914, Mexico in 1930-1980, and Chile from 1982 onwards. While Colombia's history has shown relative macroeconomic stability, it has also shown a limited capacity for integrating into the world economy and embracing technological breakthroughs compared to the rest of the world, including steam, mass production and Information Technology. This volume thus moves away from the long-held view that institutional path dependence is the main determinant of differences in long-run economic growth across countries.
Trade, Growth, and Poverty by Anne O. Krueger,Mr.Andrew Berg Pdf
This survey of the recent literature asks: how important is trade policy for poverty reduction? We consider the effects of openness on poverty in two components: the effect of openness on average income growth, and the effect on distribution for a given growth rate. Evidence from a variety of sources (cross-country and panel growth regressions, industry and firm-level research, and case studies) supports the view that trade openness contributes greatly to growth. Moreover, trade openness does not have systematic effects on the poor beyond its effect on overall growth. Trade policy is only one of many determinants of growth and poverty reduction. Trade openness has important positive spillovers on other aspects of reform, however, so that the correlation of trade with other pro-reform policies speaks to the advantages of making openness a primary part of the reform package.
Colombia by Marcelo Giugale,O. Lafourcade,Connie Luff Pdf
Recent political changes in Colombia have opened up possibilities to think beyond the long-standing conflict and violence to promote a development agenda, based upon economic growth, social welfare and environmental protection. This publication contains various policy papers which seek to contribute to the national debate on options to address these development challenges. The book is intended to provide the incoming Colombian presidential administration with a comprehensive policy discussion regarding the country's development agenda.
Growth has been among the strongest in the region, reflecting the flexible exchange rate and inflation targeting monetary policy, and fiscal rules. The strong growth and welfare programmes to the most vulnerable groups have substantially reduced poverty.
Working Together for a Change by Ariel Fiszbein,Pamela Lowden Pdf
The Economic Development Institute (EDI), in cooperation with the United Nations Development Programme (UNDP) and the Inter-American Foundation, launched the Partnerships for Poverty Reduction program in six countries in Latin America and the Caribbeanas part of the Bank's Mission "to fight poverty with passion and professionalism for lasting results." The program sought to promote the adoption of an approach to poverty reduction that relies on partnerships among local, regional, and central governments, other public sector agencies, nongovernmental organizations, private sector companies and other civic organizations. This publication is a result of these collaborative efforts. It contains a powerful message about partnerships with the state, civil society and business: these partnerships have the potential of becoming the basis of an approach to poverty reduction that replaces old and failed paradigms in the region.
Author : Anonim Publisher : World Bank Publications Page : 34 pages File Size : 48,7 Mb Release : 2005 Category : Condiciones de trabajo - America Latina ISBN : 8210379456XXX
Pending Issues in Protection, Productivity Growth, and Poverty Reduction by Anonim Pdf
This paper selectively synthesizes much of the research on Latin American and Caribbean labor markets in recent years. Several themes emerge that are particularly relevant to ongoing policy dialogues. First, labor legislation matters, but markets may be less segmented than previously thought. The impetus to voluntary informality, which appears to be a substantial fraction of the sector, implies that the design of social safety nets and labor legislation needs to take a more integrated view of the labor market, taking into account the cost-benefit analysis workers and firms make about whether to interact with formal institutions. Second, the impact of labor market institutions on productivity growth has probably been underemphasized. Draconian firing restrictions increase litigation and uncertainty surrounding worker separations, reduce turnover and job creation, and poorly protect workers. But theory and anecdotal evidence also suggest that they, and other related state or union induced rigidities, may have an even greater disincentive effect on technological adoption, which accounts for half of economic growth. Finally, institutions can affect poverty and equity, although the effects seem generally small and channels are not always clear. Overall, the present constellation of labor regulations serves workers and firms poorly and both could benefit from substantial reform.
