IPAID

Institute for Poverty Alleviation and
International Development

Yonsei University

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Volume 7 Number 1 June 2016
Does the Heavily Indebted Poor Countries (HIPC) Initiative Realize its Goal of Poverty Alleviation?
Author_ Clair APODACA & Pamela BLACKMON
Pages 1-38
Abstract_ The development of the Enhanced Heavily Indebted Poor Countries Initiative (HIPC) with the addition of country developed Poverty Reduction Strategy Papers (PRSPs) in 1999, represents a fundamental shift in International Monetary Fund and World Bank programs. The HIPC initiative was designed to re-direct resources (through bilateral and multilateral debt forgiveness) that had previously gone to servicing a country’s debt towards countryspecific poverty reduction programs aimed at social services such as health care and education. This article investigates whether HIPC countries have seen results in poverty alleviation. We provide statistical support for the conclusion that successful completion of the HIPC process has benefits for poverty eradication. The HIPC initiative is positively related to a reduction in infant mortality, and to a decrease in the poverty gap. Keywords: HIPC initiative, Debt relief, Poverty alleviation, Infant mortality, World Bank, IMF
Keywords_ HIPC initiative, Debt relief, Poverty alleviation, Infant mortality, World Bank, IMF
 
Volume 7 Number 1 June 2016
The World Bank Inspection Panel in Ghana: Civil Society Protest and the Glocalization of Accountability
Author_ Aram ZIAI
Pages 39-66
Abstract_ Twenty years ago, the Inspection Panel was founded as a mechanism of accountability for people negatively affected by projects funded by the World Bank. It allows them to call for an investigation if social and environmental standards of the World Bank have not been adhered to. Its origin can be traced back to pressure exerted by a transnational NGO campaign on the US congress in the wake of the Narmada Valley Development Project. While the Panel’s history since then shows that it usually does not have the power to entirely stop a project, the case of the Kwabenya landfill in Accra (Ghana) proves that it can act as an important instrument for—potentially successful—civil society struggles which aim at democratizing the current architecture of governance.
Keywords_ World Bank, Global governance, Accountability, Inspection Panel, Ghana
 
Volume 7 Number 1 June 2016
Social Policy Beyond Neoliberalism: From Conditional Cash Transfers to Pro-Poor Growth
Author_ Alfredo SAAD-FILHO
Pages 67-94
Abstract_ This article offers a political economy critique of the fastest-growing modality of social policy in the world: conditional cash transfer programs (CCTs). CCTs allocate small conditional tax-funded sums to the “deserving destitute” as part of a strategy of moderation of inequality, poverty management and containment of dissent. This article argues that, while this modality of social policy can improve the circumstances of the poorest in the short-term, it also subsidizes low wages and supports the reproduction of poverty. CCTs are, then, the social policies naturally associated (“best fit”) with neoliberalism. A pro-poor alternative is outlined that can lead to faster improvements in living conditions, expand citizenship and break the reproduction of poverty and inequality under neoliberalism.
Keywords_ Neoliberalism, Poverty, Inequality, Social policy, Conditional Cash Transfers
 
Volume 7 Number 1 June 2016
Income Distribution and the Business Cycle in Germany: A Semiparametric Approach
Author_ Andos JUHÁSZ
Pages 95-136
Abstract_ The question of how the distribution of income is influenced by the state of the economy is important for understanding the economic mechanisms linking micro- and macro-level variables. There is no generally applicable theory on how the distribution of household incomes is influenced by changed macroeconomic conditions. This paper adapts an empirical approach in order to investigate this relationship by employing a semi-parametric double-index model without restrictions on the shape of the link function between indices of household- and macro-level variables. We conclude that the link function is non-trivial and non-additive, meaning that the influence of macroeconomic conditions (i.e. GDP, inflation, government expenditure or unemployment) is likely to vary with household characteristics. The influence found is small, but in parts significant, drawing a comprehensive picture of potential link-mechanisms.
Keywords_ Income Distribution, Business Cycle, Double Index Model, Semiparametric Estimation
 
Volume 7 Number 1 June 2016
Education—a Key to Life? Caregivers’ Narratives of Primary School Education in Iringa Region, Tanzania
Author_ Karin LINDSJÖ
Pages 137-162
Abstract_ Findings from developed countries demonstrate a positive relationship between children’s educational outcomes and parental perceptions of the value of education. However, little is known about parental attitudes toward education in the context of the least developed countries. A better understanding of this could assist global efforts to increase educational attainment in the world’s poorest countries. This study investigates the parental perceptions of primary school education in the Iringa region of Tanzania and whether these perceptions vary depending on socio-economic status and urban/rural residence. It finds that though schools face severe problems, parents of all backgrounds have a generally positive perception of education as a necessity for employment, independence and modernized farming. Nevertheless, poverty overwhelmingly determines educational outcomes.
Keywords_ Universal primary education, Caregivers’ perception, Poverty, Rural-urban disparities
 
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IPAID

Institute for Poverty Alleviation and International Development (IPAID) at Yonsei University

1, Yonseidae-gil, Wonju-si, Gangwon-do, South Korea

강원도 원주시 연세대길1 연세대학교 원주캠퍼스 정의관 316호 빈곤문제국제개발연구원

Phone: +82-33-760-2534, 760-2577, 760-2554, 760-2527  |  Fax: +82-33-760-2572  |  E-mail: ipaid@yonsei.ac.kr

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