A general equilibrium analysis of the effect of macroeconomic adjustment of poverty in Africa

Using CGE models for four countries (Cameroon, The Gambia, Madagascar, and Niger), this paper examines the consequences of macropolicy reform on real incomes of poor households in sub-Saharan Africa The simulations suggest that, compared to alternative policy options, trade and exchange rate liberal...

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Main Authors: Dorosh, Paul A., Sahn, David E.
Format: Journal Article
Language:Inglés
Published: Elsevier 2000
Subjects:
Online Access:https://hdl.handle.net/10568/158009
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author Dorosh, Paul A.
Sahn, David E.
author_browse Dorosh, Paul A.
Sahn, David E.
author_facet Dorosh, Paul A.
Sahn, David E.
author_sort Dorosh, Paul A.
collection Repository of Agricultural Research Outputs (CGSpace)
description Using CGE models for four countries (Cameroon, The Gambia, Madagascar, and Niger), this paper examines the consequences of macropolicy reform on real incomes of poor households in sub-Saharan Africa The simulations suggest that, compared to alternative policy options, trade and exchange rate liberalization tends to benefit poor households in both rural and urban areas-as rents on foreign exchange are eliminated, demand for labor increases, and returns to tradable agriculture rise. The small magnitudes of the gains in average real incomes of poor household groups modeled suggest that macropolicy reform alone will not be sufficient in the short run to significantly reduce poverty in Africa." -- Authors' Abstract
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spelling CGSpace1580092025-01-24T08:55:00Z A general equilibrium analysis of the effect of macroeconomic adjustment of poverty in Africa Dorosh, Paul A. Sahn, David E. africa poverty macroeconomics equilibrium theory Using CGE models for four countries (Cameroon, The Gambia, Madagascar, and Niger), this paper examines the consequences of macropolicy reform on real incomes of poor households in sub-Saharan Africa The simulations suggest that, compared to alternative policy options, trade and exchange rate liberalization tends to benefit poor households in both rural and urban areas-as rents on foreign exchange are eliminated, demand for labor increases, and returns to tradable agriculture rise. The small magnitudes of the gains in average real incomes of poor household groups modeled suggest that macropolicy reform alone will not be sufficient in the short run to significantly reduce poverty in Africa." -- Authors' Abstract 2000-11 2024-10-24T12:53:06Z 2024-10-24T12:53:06Z Journal Article https://hdl.handle.net/10568/158009 en Limited Access Elsevier Dorosh, Paul A.; Sahn, David E. 2000. A general equilibrium analysis of the effect of macroeconomic adjustment of poverty in Africa. Journal of Policy Modeling 22(6): 753-776. https://doi.org/10.1016/S0161-8938(98)00016-7
spellingShingle africa
poverty
macroeconomics
equilibrium theory
Dorosh, Paul A.
Sahn, David E.
A general equilibrium analysis of the effect of macroeconomic adjustment of poverty in Africa
title A general equilibrium analysis of the effect of macroeconomic adjustment of poverty in Africa
title_full A general equilibrium analysis of the effect of macroeconomic adjustment of poverty in Africa
title_fullStr A general equilibrium analysis of the effect of macroeconomic adjustment of poverty in Africa
title_full_unstemmed A general equilibrium analysis of the effect of macroeconomic adjustment of poverty in Africa
title_short A general equilibrium analysis of the effect of macroeconomic adjustment of poverty in Africa
title_sort general equilibrium analysis of the effect of macroeconomic adjustment of poverty in africa
topic africa
poverty
macroeconomics
equilibrium theory
url https://hdl.handle.net/10568/158009
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