How monetary policy affects poverty: nexus and consequences

Ayub, Mehar (2008): How monetary policy affects poverty: nexus and consequences.

Abstract

This case study provides some interesting insights and phenomena. It was observed that how monetary policy badly affected the poverty situation in Pakistan. This study covers three important aspects of the socio-economic changes in Pakistan in the recent past. First it describes the macroeconomic growth in the different political regimes. Second aspect of the study is to assess the poverty levels in Pakistan. In this part, we have compared the poverty in Pakistan with the selected countries and trends over the period have also been shown. Third aspect of the study is to identify the impact and contribution of monetary policy in poverty and income distribution.

• Item Type: MPRA Paper
• Language: English
• Keywords: monetary policy; poverty; inflation
• Subjects: E - Macroeconomics and Monetary Economics > E4 - Money and Interest Rates > E42 - Monetary Systems ; Standards ; Regimes ; Government and the Monetary System ; Payment Systems; I - Health, Education, and Welfare > I3 - Welfare, Well-Being, and Poverty > I31 - General Welfare, Well-Being

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