Resource Library

Pro-Poor Macroeconomic Policy

Lessons from the Asia-Pacific Region

Author : Reddy, S.G.

Publisher: Millenium Development Goals Initiative UNDP Regional Centre

Place of Publish: Sri Lanka, Colombo

Year: 2008

Page Numbers: 43

Acc. No: 4585

Class No: 339 PRO-SL

Category: Books & Reports

Subjects: Impact Monitoring

Type of Resource: Monograph

Languages: English

Macroeconomic policies affect both the rate of growth of the economy and the distribution of the benefits of growth across economic sectors and social groups. The structural change and economic reforms that have been adopted in many Asian countries during the last two decades add new dimensions to the linkage between macroeconomic policies and poverty reduction. This publication brings together the main findings of the country case studies and thematic studies on the linkages between macroeconomic policies, growth and poverty reduction in the context of identifying and promoting more pro-poor macroeconomic policies in the region. These country case studies covering Bangladesh, Bhutan, Cambodia, China, India, Indonesia, Iran, Lao PDR, Myanmar, Nepal, Pakistan, Samoa, Sri Lanka and Vietnam contain: (i) A descriptive narrative of basic trends in economic aggregates, inequality and poverty, explicitly geared to the assessment of macro-level policies; (ii) A ‘policy audit', namely, an assessment primarily of the impact on poverty of the macroeconomic and adjustment policies; and (iii) An elaboration of feasible policy alternatives that would be more effective in reducing poverty and inequality.