02895nam 2200589 a 450 991045525300332120200520144314.00-262-27260-10-585-38578-5(CKB)111036011522048(OCoLC)50855354(CaPaEBR)ebrary2001017(SSID)ssj0000140162(PQKBManifestationID)11147765(PQKBTitleCode)TC0000140162(PQKBWorkID)10029981(PQKB)10522395(MiAaPQ)EBC3338426(OCoLC)923251559(OCoLC-P)923251559(MaCbMITP)2465(Au-PeEL)EBL3338426(CaPaEBR)ebr2001017(EXLCZ)9911103601152204820010903d2001 uy 0engurcn|||||||||txtccrDistribution and development[electronic resource] a new look at the developing world /Gary S. FieldsNew York Russell Sage Foundation ;London MIT Press20011 online resource (270 p.) Bibliographic Level Mode of Issuance: Monograph0-262-06215-1 Includes bibliographical references and index.Most of the world's people live in "developing" economies, as do most of the world's poor. The predominant means of economic development is economic growth. In this book Gary Fields asks to what extent and in what circumstances economic growth improves the material standard of living of a country's people. Most development economists agree that economic growth raises the incomes of people in all parts of the income distribution and lowers the poverty rate. At the same time, some groups lose out because of changes accompanying economic growth. Fields examines these beliefs, asking what variables should be measured to determine whether progress is being made and what policies and circumstances cause some countries to do better than others. He also shows how the same data can be interpreted to reach different, even conflicting, conclusions. Using both theoretical and empirical approaches, Fields defines and examines inequality, poverty, income mobility, and economic well-being. Finally, he considers various policies for broad-based growth. Copublished with the Russell Sage Foundation.Income distributionDeveloping countriesPovertyDeveloping countriesDeveloping countriesEconomic conditionsElectronic books.Income distributionPoverty339.22091724Fields Gary S249291MiAaPQMiAaPQMiAaPQBOOK9910455253003321Distribution and development2168035UNINA06422oam 22014054 450 991077920170332120230802005453.01-4755-9365-11-4755-4117-1(CKB)2550000000107095(EBL)1606755(SSID)ssj0000944122(PQKBManifestationID)11597306(PQKBTitleCode)TC0000944122(PQKBWorkID)10995281(PQKB)11724559(MiAaPQ)EBC1606755(Au-PeEL)EBL1606755(CaPaEBR)ebr10574688(OCoLC)870244954(IMF)WPIEE2012136(IMF)WPIEA2012136(EXLCZ)99255000000010709520020129d2012 uf 0engur|n|---|||||txtccrWelfare Effects of Monetary Integration : The Common Monetary Area and Beyond /Tamon Asonuma, Xavier Debrun, Paul MassonWashington, D.C. :International Monetary Fund,2012.1 online resource (34 p.)IMF Working Papers"African Department.""May 2012."1-4755-4511-8 1-4755-0389-X Includes bibliographical references.Cover; Contents; I. Introduction; II. Literature Review; III. Theoretical Model; IV. The CMA: History, Institutional Arrangements, and Economic Convergence; A. History and Institutional Arrangements; B. Economic Convergence; Tables; 1. CMA Countries: Selected Indicators, 2008-2010; Figures; 1. CMA Countries and Botswana: Central Bank Rates, Treasury Bill Rates, and Inflation Rates; 2. Small CMA Countries: Reserve Adequacy Ratio; 2. CMA Countries and Botswana: Fiscal Balance and Total Government Debt; V. Welfare Impact of the Common Monetary Area and Variants of It; A. The CMA3. CMA Countries: Key Model Inputs, 1994-2010B. Hypothetical Expansions of the Common Monetary Area; 4. CMA: Welfare Gains and Losses; 5. SADC Countries: Selected Indicators, 1994-2010; 6. Welfare Gains or Losses from Adding a Single SADC Country to the CMA; VI. Hegemony Versus a Regional Central Bank; A. A Full Common Monetary Union with Current Members; 7. A Greater CMA/SADC: Welfare Gains and Losses; B. A Larger Currency Union with SADC Members; 8. Welfare Effect of a CMA Monetary Union Versus Existing Arrangement; VII. Concluding Remarks; 9. A Larger SADC Currency Union; ReferencesAppendixesI. History of the Common Monetary Area; II. Institutional Framework of the Common Monetary Area; III. Description of the DMP ModelThis paper proposes a quantitative assessment of the welfare effects arising from the Common Monetary Area (CMA) and an array of broader grouping among Southern African Development Community (SADC) countries. Model simulations suggest that (i) participating in the CMA benefits all members; (ii) joining the CMA individually is beneficial for all SADC members except Angola, Mauritius and Tanzania; (iii) creating a symmetric CMA-wide monetary union with a regional central bank carries some costs in terms of foregone anti-inflationary credibility; and (iv) SADC-wide symmetric monetary union continues to be beneficial for all except Mauritius, although the gains for existing CMA members are likely to be limited.IMF Working Papers; Working Paper ;No. 2012/136Monetary unionsAfrica, SouthernBanks and BankingimfExports and ImportsimfInflationimfMoney and Monetary PolicyimfCentral Banks and Their PoliciesimfPolicy ObjectivesimfPolicy Designs and ConsistencyimfPolicy CoordinationimfInternational Monetary Arrangements and InstitutionsimfFinancial Aspects of Economic IntegrationimfMonetary SystemsimfStandardsimfRegimesimfGovernment and the Monetary SystemimfPayment SystemsimfBanksimfDepository InstitutionsimfMicro Finance InstitutionsimfMortgagesimfPrice LevelimfDeflationimfMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralimfInternational economicsimfMonetary economicsimfBankingimfMacroeconomicsimfMonetary unionsimfCurrenciesimfMonetary baseimfMoneyimfBanks and bankingimfPricesimfMoney supplyimfSouth AfricaimfMonetary unionsBanks and BankingExports and ImportsInflationMoney and Monetary PolicyCentral Banks and Their PoliciesPolicy ObjectivesPolicy Designs and ConsistencyPolicy CoordinationInternational Monetary Arrangements and InstitutionsFinancial Aspects of Economic IntegrationMonetary SystemsStandardsRegimesGovernment and the Monetary SystemPayment SystemsBanksDepository InstitutionsMicro Finance InstitutionsMortgagesPrice LevelDeflationMonetary Policy, Central Banking, and the Supply of Money and Credit: GeneralInternational economicsMonetary economicsBankingMacroeconomicsMonetary unionsCurrenciesMonetary baseMoneyBanks and bankingPricesMoney supplyAsonuma Tamon1157565Debrun Xavier1464155Masson Paul137029DcWaIMFBOOK9910779201703321Welfare Effects of Monetary Integration3801168UNINA