The consequences of globalization for the world's poor are
uncertain and fierce rhetoric is dividing its supporters and
detractors. The channels of effect of essentially macroeconomic
shocks on the microeconomic position of individuals and households
in poor countries are many and various. This book addresses three
core issues: 1) what are the main channels of effect? 2) what are
the lessons to be learned from policy measures to alleviate
negative poverty consequences? and 3) do the proposed analytical
approaches assist in providing a monitoring capability? This volume
assesses the more easily quantifiable effects resulting from price
and quantity responses in the goods and labour markets. It includes
studies of Colombia, Ghana, India, Nepal, Bangladesh and Vietnam.
It uses key analytical approaches, most of which are based on
numerical simulation methods employing models with different levels
of complexity. These models capture the features of an economy, how
it functions, and how it might respond to globalization shocks. The
most important collective contribution of the authors is their
establishment of directions and magnitudes of effect, based on
empirical evidence.
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