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Author: Seema Bathla Publisher: Springer Nature ISBN: 9811535841 Category : Business & Economics Languages : en Pages : 132
Book Description
This book provides a blueprint for the allocation of public expenditures “in” and “for” agriculture at the dis-aggregated state level and suggests a reorientation in favour of disadvantaged regions where the marginal returns on additional investments would be higher. It provides insights into the inter-linkages between public expenditures, private investment, rural poverty, and agriculture productivity from a regional perspective to reflect upon spatial differences in the welfare effects of various investments, subsidies, and policies. The book focuses on agricultural growth and rural poverty reduction through public and private investments, non-farm employment, and other pathways to the formulation of appropriate policies at the dis-aggregated state level. It presents new evidence based on advanced econometric tools for analysing and understanding the relationship between public and private investments in agriculture and input subsidies (fertilizer, power, irrigation, and credit) together with their impacts at the dis-aggregated state level. The book also deliberates on an income based direct support system for farmers as an alternative to the existing input price subsidy regime. Accordingly, the book offers valuable insights not only for researchers working on poverty alleviation, rural economy, and agricultural growth, but also for policymakers.
Author: Shenggen Fan Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
Using state-level data for 1970-93, a simultaneous equation model was developed to estimate the direct and indirect effects of different types of government expenditure on rural poverty and productivity growth in India. The results show that in order to reduce rural poverty, the Indian government should give highest priority to additional investments in rural roads and agricultural research. These types of investment not only have much larger poverty impacts per rupee spent than any other government investment, but also generate higher productivity growth. Apart from government spending on education, which has the third largest marginal impact on rural poverty and productivity growth, other investments (including irrigation, soil and water conservation, health, and rural and community development) have only modest impacts on growth and poverty per additional rupee spent.
Author: Seema Bathla Publisher: ISBN: 9789811535857 Category : Agriculture Languages : en Pages : 146
Book Description
This book provides a blueprint for the allocation of public expenditures "in" and "for" agriculture at the dis-aggregated state level and suggests a reorientation in favour of disadvantaged regions where the marginal returns on additional investments would be higher. It provides insights into the inter-linkages between public expenditures, private investment, rural poverty, and agriculture productivity from a regional perspective to reflect upon spatial differences in the welfare effects of various investments, subsidies, and policies. The book focuses on agricultural growth and rural poverty reduction through public and private investments, non-farm employment, and other pathways to the formulation of appropriate policies at the dis-aggregated state level. It presents new evidence based on advanced econometric tools for analysing and understanding the relationship between public and private investments in agriculture and input subsidies (fertilizer, power, irrigation, and credit) together with their impacts at the dis-aggregated state level. The book also deliberates on an income based direct support system for farmers as an alternative to the existing input price subsidy regime. Accordingly, the book offers valuable insights not only for researchers working on poverty alleviation, rural economy, and agricultural growth, but also for policymakers.
Author: Ms. Valerie Cerra Publisher: International Monetary Fund ISBN: 1513572660 Category : Business & Economics Languages : en Pages : 54
Book Description
Is there a tradeoff between raising growth and reducing inequality and poverty? This paper reviews the theoretical and empirical literature on the complex links between growth, inequality, and poverty, with causation going in both directions. The evidence suggests that growth can be effective in reducing poverty, but its impact on inequality is ambiguous and depends on the underlying sources of growth. The impact of poverty and inequality on growth is likewise ambiguous, as several channels mediate the relationship. But most plausible mechanisms suggest that poverty and inequality reduce growth, at least in the long run. Policies play a role in shaping these relationships and those designed to improve equality of opportunity can simultaneously improve inclusiveness and growth.
Author: Vijayendra Rao Publisher: ISBN: Category : Languages : en Pages : 26
Book Description
Very poor households spend large sums on celebrations. To the extent that these expenditures are central to maintaining the networks essential for social relationships and coping with poverty, these are reasonable expenses. To the extent that they are status competitions, they may merely increase conspicuous consumption.Rao examines the paradox of very poor households spending large sums on celebrations. Using qualitative and quantitative data from South India, Rao demonstrates that spending on weddings and festivals can be explained by integrating an anthropological understanding of how identity is shaped in Indian society with an economic analysis of decisionmaking under conditions of extreme poverty and risk.Rao argues that publicly observable celebrations have two functions: they provide a space for maintaining social reputations and webs of obligation, and they serve as arenas for status-making competitions.The first role is central to maintaining the networks essential for social relationships and coping with poverty. The second is a correlate of mobility that may become more prevalent as incomes rise.Development policies that favor individual over collective action reduce the incentives for the networking function and increase the incentives for status- enhancing functions - thus reducing social cohesion and increasing conspicuous consumption.Market-driven improvements in urban employment, for example, could reduce a family's dependence on its traditional networks, could reduce incentives to maintain these networks, and could reduce social cohesion within a village and thus its capacity for collective action. In contrast, microfinance programs and social funds try to retain and even build a community's capacity for collective action.This paper - a product of Poverty and Human Resources, Development Research Group - is part of a larger effort in the group to study the relationship between poverty and collective action. The author may be contacted at [email protected].
Author: Ann Harrison Publisher: University of Chicago Press ISBN: 0226318001 Category : Business & Economics Languages : en Pages : 674
Book Description
Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.