| Popis: |
Sustainable growth and sound macroeconomic policies are a major prerequisite for poverty reduction. Relative price or exchange rate adjustments are often involved in achieving appropriate macroeconomic balances and incentives. While some of the existing poor may benefit directly from such measures, it is clearly necessary to protect vulnerable and low-income groups from sharp drops in real income in the short term. Appropriately designed social safety nets are needed to facilitate this adjustment (World Bank, 1990a). Making concern for the poor an operational reality involves an assessment of the consequences of public policy choices for households in different circumstances, in addition to the effects on growth, incentives and overall government revenues. This approach also generates a need for data and informational flows, which presents an opportunity for extremely fruitful inter-agency collaboration. |
