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Economic Growth and Poverty Reduction in Colombia

Author: Adriana Rocío Cardozo Silva

Publisher: Peter Lang

Published: 2010

Total Pages: 228

ISBN-13: 9783631603864

This book analyses the distributional effects of economic growth on different dimensions of poverty in Colombia. It provides a microeconomic perspective on how economic growth affected poverty and inequality at the household level, as well as a macroeconomic perspective on the effects of growth on regional living standards. The study incorporates recent discussions on multidimensional analysis of well-being and goes beyond traditional income based measures, thereby contributing to the ongoing research on how to measure pro-poor growth and on the importance of incorporating different dimensions of well-being in convergence analysis.

Colombia

Author: International Monetary Fund. Western Hemisphere Dept.

Publisher: International Monetary Fund

Published: 2015-06-08

Total Pages: 103

ISBN-13: 1513546260

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This Selected Issues paper addresses key areas that would contribute to maintaining macroeconomic stability and inclusive growth. Strong economic growth in Colombia has significantly reduced poverty, but has had limited impact on reducing inequality. Strong growth and social programs have helped reduce poverty. Going forward, efforts to further strengthen education, pension, and tax systems stand to yield important social gains, as recognized by the national development plan. Labor market distortions have declined in recent years, but challenges remain. The elimination of infrastructure gaps will also play a key role in sustaining strong and broad-based growth, and supporting further economic diversification.

Environmental Priorities and Poverty Reduction

Author: Ernesto Sánchez Triana

Publisher: World Bank Publications

Published: 2007-01-01

Total Pages: 564

ISBN-13: 0821368885

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Environmental degradation is associated with increased morbidity and mortality and decreased productivity. Urban and indoor air pollution; inadequate water supply, sanitation, and hygiene; natural disasters (mainly floods and landslides); and land degradation are the environmental problems associated with the highest social and economic costs, falling most heavily on vulnerable people, especially poor children under five years old. This book begins by exploring institutional change and environmental priorities in Colombia over the past 50 years, a time of substantial progress in environmental protection and rapid transition from a largely rural to a highly urbanised economy. Part 2 assesses the burden of disease rooted in inadequate water supply, sanitation, and hygiene; poor air quality; and natural disasters; and the environmental management practices to reduce that burden. A discussion of the environmental costs of rapid and unplanned urbanisation is also included. Part 3 assesses the sustainable management of Colombia's rich endowment of natural resources.

Colombia Urbanization Review

Author: Taimur Samad

Publisher: World Bank Publications

Published: 2012-09-18

Total Pages: 0

ISBN-13: 9780821395226

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The efficiency and productivity of Colombia's urban system will be a key determinant in the ability of the country to transition from a middle to a higher income economy. Economic growth is strongly driven by commodities in Colombia and other Latin American countries. However, the contribution of urban activities to urban growth is non-negligible when all urban activities are added. Strengthening the roles of cities may contribute to mitigating the risks inherent to commodity intensive economies and can support a stronger resource-based manufacturing economic structure and more knowledge intensive industries. In addition, a well functioning urban system is important for quality of life in a country with a highly urban population: almost 80 percent of Colombians live in urban areas, and urbanization is correlated with poverty reduction and improved access to basic services. The Colombia Urbanization Review: Amplifying the Gains from the Urban Transition aims to provide diagnostic tools to inform policy dialogue and investment priorities on urbanization by operationalizing the framework for urban policy developed in the 2009 World Development Report, Reshaping Economic Geography and the Bank's new Urban and Local Government Strategy, System of Cities: Harnessing Urbanization for Growth and Poverty Reduction. The review was implemented in two stages. A first stage looked at the system of cities in Colombia and identified a series of bottlenecks that limit the efficiency of the system. Three key topics were identified from the first phase diagnostics for further analysis in the second phase, in close discussion with the Department of National Planning. The three cross-cutting topics identified for a policy ‘deep dive' in phase two were:deepening economic connectivity, enhancing coordination at a regional and metropolitan scale, and fostering efficiency and innovativeness in how cities finance themselves.

Economic Policy Reforms 2021 Going for Growth: Shaping a Vibrant Recovery

Author: OECD

Publisher: OECD Publishing

Published: 2021-04-14

Total Pages: 330

ISBN-13: 9264911375

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Going for Growth 2021 identifies country-specific structural policy priorities for the recovery across OECD and key non-member countries (Argentina, Brazil, The People’s Republic of China, Costa Rica, India, Indonesia and South Africa). It frames the main policy challenges of the current juncture along three main areas: building resilience; facilitating reallocation and boosting productivity growth for all; and supporting people in transition.

Poverty in Colombia

Author: World Bank

Publisher: World Bank Publications

Published: 1994

Total Pages: 362

ISBN-13:

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Review: "This report by World Bank economists and Colombian consultants maps out a strategy for poverty reduction in Colombia by concentrating efforts on rural development, social and infrastructural services, and decentralization strengthening. Expenditures would be financed by revenues generated by oil exports, presupposing macroeconomic health and increased government efficiency and accountability"--Handbook of Latin American Studies, v. 57.

Colombia’s Slow Economic Growth

Author: Ivan Luzardo-Luna

Publisher: Springer Nature

Published: 2019-11-07

Total Pages: 154

ISBN-13: 303025755X

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Looking at the years 1870-2016, this book analyses the reasons behind Colombia’s chronically slow economic growth. As a comparative economic history, it examines why Colombia has seen lower growth rates than countries with similar institutions, culture and colonial origins, such as Argentina in 1870-1914, Mexico in 1930-1980, and Chile from 1982 onwards. While Colombia's history has shown relative macroeconomic stability, it has also shown a limited capacity for integrating into the world economy and embracing technological breakthroughs compared to the rest of the world, including steam, mass production and Information Technology. This volume thus moves away from the long-held view that institutional path dependence is the main determinant of differences in long-run economic growth across countries.

Shared Prosperity and Poverty Eradication in Latin America and the Caribbean

Author: Louise Cord

Publisher: World Bank Publications

Published: 2015-06-18

Total Pages: 352

ISBN-13: 1464803587

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Over the last decade Latin America and the Caribbean region has achieved important progress towards the World Bank Group's goals of eradicating extreme poverty and boosting income growth of the bottom 40 percent, propelled by remarkable economic growth and falling income inequality. Despite this impressive performance, social progress has not been uniform over this period, and certain countries, subregions and even socioeconomic groups participated less in the growth process. As of today, more than 75 million people still live in extreme poverty in the region (using $2.50/day/capita), half of them in Brazil and Mexico, and extreme poverty rates top 40 percent in Guatemala and reach nearly 60 percent in Haiti. This means that extreme poverty is still an important issue in both low- and middle-income countries in the region. As growth wanes and progress in reducing the still high levels of inequality in the region slows, it will be more important than ever for governments to focus policies on inclusive growth. The book includes an overview that highlights progress towards the goals of poverty eradication and shared prosperity between 2003 and 2012, unpacks recent gains at the household level using an income-based asset model, and examines some of the policy levers used to affect social outcomes in the region. It draws on 13 country studies, eight of which are featured in this volume: Argentina, Brazil, Colombia, El Salvador, Mexico, Paraguay, Peru, and Uruguay. The other case studies include: Bolivia, Chile, Dominican Republic, Ecuador, and Honduras, which will be included in the web version of the book.

Colombia

Author: Mrs.Claire Liuksila

Publisher: International Monetary Fund

Published: 1991-08-01

Total Pages: 47

ISBN-13: 1451954999

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This paper assesses the impact on the poor of the macroeconomic adjustment program undertaken in 1985-86. It finds that program-induced changes in production, employment, and real incomes have benefited the poor, while the adverse impact of program-induced price changes was modest and was largely cushioned by government policies. The paper describes the dimensions of poverty in Colombia, surveys government programs to alleviate poverty, and reviews the factors contributing to the improvement in the income distribution in recent years.