Bolivia Poverty Assessment : Establishing the Basis for Pro-Poor Growth

Arias, Omar S.; Bendini, Magdalena

Bolivia Poverty Assessment : Establishing the Basis for Pro-Poor Growth

2006

Arias, Omar S. | Bendini, Magdalena

This brief discussion of Bolivia's poverty assessment notes that Bolivia's growth prospects remain vulnerable to domestic instability and external circumstances. Because of the depth and breadth of poverty in Bolivia, and the skewed income distribution, high GDP per capita growth rates about 4 to 5 percent per year are necessary in the medium and longer term, if the country's poverty level is to be significantly reduced. The national MDG target of reducing the incidence of extreme poverty in half by 2015 could be achieved with growth rates in this range, along with other pro-poor policy interventions. Even higher per capita growth is needed to meet the MDG of reducing poverty in half. Economic simulations indicate that the country can improve its future growth potential through a comprehensive strategy of mutually-reinforcing reforms that includes macroeconomic stability.

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AGROVOC Keywords

basic education basic needs child care discrimination domestic markets economic growth employment extreme poverty human capital income income distribution income generation infant informal sector malnutrition management techniques migrants migration millennium development goals modernization nutrition poverty reduction primary education public education remittances rural areas rural poor rural population sanitation secondary education social capital social protection supply chains technology transfer transportation urban areas urban poverty women workers

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Policy options; Quality education; Labor force participation; Cash transfer program; Salaried workers; Labor costs; Unemployed; Reducing poverty; Poverty rate; Progress; Labor legislation; Credit markets; Rural dwellers; Infant mortality rates; Labor market; Poverty profiles; Macroeconomic stability; Labor market intermediation; Dismissal; Large populations; Migration flows; Infant mortality; Rural; Labor force; Universal basic education; Growth process; Poor families; Government offices; Impact on poverty; Growth prospects; Pro-poor growth; Pro-poor; High opportunity costs; Poor policy; Self-employment; Significant impact; Employment creation; New crop varieties; Unskilled labor; Poor people; Consumption poverty; Schooling; Labor market regulations; Future growth; Impact on poverty reduction; Poor areas; Small families; Poor; Rural residents; Economic shocks; Poverty map; Income inequality; Household size; Formal sector workers; Per capita growth; Rural labor markets; Informal employment; Labor cost; Job creation; Crop varieties; High poverty; Business cycle; Poverty rates; Worker; Poverty assessment; Access to assets; Equal access; Severance payments; Natural resource; Educated; Poor countries; Paying jobs; Skilled labor; Safe water; Capital accumulation; Persistent poverty; Income-generating activities; Low labor productivity; Policy interventions; Improving productivity; Income poverty; Household heads; Labor regulations; Labor markets; Growth rates; Rural labor; Capital inflows; Rural migration

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Bolivia Poverty Assessment : Establishing the Basis for Pro-Poor Growth

2006

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