Simulating extended reproduction: Poverty reduction and class dynamics in Bolivia

An extended reproduction model is used to simulate the effects of alternative poverty reduction strategies. Three policy variables are introduced: (de)indebtedness policy, investment policy and income distribution policy, contributing respectively to the objectives of policy sovereignty, structural change and social justice. The Millennium Development Goal of halving extreme poverty by 2015 seems to be a difficult, but attainable goal for Bolivia. The model shows also the effects of poverty reduction strategies on the different social classes.industrial policy, income distribution, economic development, investment planning

Poverty and class: Dynamics and strategies in Bolivia

Income distribution among social classes, a preferred topic by the classical economists, has not often been frequented by later scholars. Some recent studies show a new interest, and a generalized increase in income concentration in favor of the capitalist class, particularly in Latin America. This study uses a multisectoral dynamic simulation model to analize the effects of poverty reduction strategies on the different social classes. The model describes in detail the size income distribution by sector, and transforms it in a sectorial class distribution of incomes. A strategy includes two instruments: investment policy, and income distribution policy, influencing respectively output structure and personal income distribution. The study shows the effects on the different social classes of strategies aiming to achieve the Millennium objective of halving extreme poverty by 2015.industrial policy, income distribution, economic development, investment planning

Simulating extended reproduction: Poverty reduction and class dynamics in Bolivia

An extended reproduction model is used to simulate the effects of alternative poverty reduction strategies. Three policy variables are introduced: (de)indebtedness policy, investment policy and income distribution policy, contributing respectively to the objectives of policy sovereignty, structural change and social justice. The Millennium Development Goal of halving extreme poverty by 2015 seems to be a difficult, but attainable goal for Bolivia. The model shows also the effects of poverty reduction strategies on the different social classes

La pobreza y las clases: Dinámicas y estrategias en Bolivia

Income distribution among social classes, a preferred topic by the classical economists, has not often been frequented by later scholars. Some recent studies show a new interest, and a generalized increase in income concentration in favor of the capitalist class, particularly in Latin America. This study uses a multisectoral dynamic simulation model to analize the effects of poverty reduction strategies on the different social classes. The model describes in detail the size income distribution by sector, and transforms it in a sectorial class distribution of incomes. A strategy includes two instruments: investment policy, and income distribution policy, influencing respectively output structure and personal income distribution. The study shows the effects on the different social classes of strategies aiming to achieve the Millennium objective of halving extreme poverty by 2015

Simulating extended reproduction: Poverty reduction and class dynamics in Bolivia

An extended reproduction model is used to simulate the effects of alternative poverty reduction strategies. Three policy variables are introduced: (de)indebtedness policy, investment policy and income distribution policy, contributing respectively to the objectives of policy sovereignty, structural change and social justice. The Millennium Development Goal of halving extreme poverty by 2015 seems to be a difficult, but attainable goal for Bolivia. The model shows also the effects of poverty reduction strategies on the different social classes

La pobreza y las clases: Dinámicas y estrategias en Bolivia

Income distribution among social classes, a preferred topic by the classical economists, has not often been frequented by later scholars. Some recent studies show a new interest, and a generalized increase in income concentration in favor of the capitalist class, particularly in Latin America. This study uses a multisectoral dynamic simulation model to analize the effects of poverty reduction strategies on the different social classes. The model describes in detail the size income distribution by sector, and transforms it in a sectorial class distribution of incomes. A strategy includes two instruments: investment policy, and income distribution policy, influencing respectively output structure and personal income distribution. The study shows the effects on the different social classes of strategies aiming to achieve the Millennium objective of halving extreme poverty by 2015

[Montreal 1976] [Material gráfico]

Contiene fotografías pertenecientes al archivo fotográfico del diario "Región", publicadas entre 1974 y 1976, aunque la mayoría en 1976Todas las fotografías firmadas por Foto E. Gar (Oviedo), Cifra Gráfica, y EF

A Model of Structural Change and Openness: Applications to the Argentine economy

This paper describes a dynamic, multisectoral model of a less developed economy in which investment and income distribution policies influence structural change and the pattern of trade. That is, the model considers a Keynesian 'socialised investment' function and distributional policies that, by their effect on demand, could be also described as Keynesian. The model is used to analyse the effects of different policy regimes in the Argentine economy. In an environment characterised by enduring stagnation, investment policies aimed at increasing the degree of economic autonomy and self-sufficiency do not succeed in significantly changing output and trade patterns, and in reducing the degree of openness of the economy. From a long term perspective, however, stagnation is not necessarily a permanent condition. A new environment of higher growth could evolve from the consolidation of a new technological paradigm and the emergence of new socioeconomic norms and mechanisms. In an environment of lower uncertainty and higher efficacy of the investment, model simulation shows that investment policy is quite successful in augmenting the degree of autonomy and self-sufficiency of the economy. Also, income redistribution has a positive impact on income and welfare growth.