Simulating extended reproduction: Poverty reduction and class dynamics in Bolivia

Buzaglo, Jorge and Calzadilla, Alvaro (2008): Simulating extended reproduction: Poverty reduction and class dynamics in Bolivia.

Abstract

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.

• Item Type: MPRA Paper
• Language: English
• Keywords: industrial policy, income distribution, economic development, investment planning
• Subjects: C - Mathematical and Quantitative Methods > C6 - Mathematical Methods ; Programming Models ; Mathematical and Simulation Modeling > C63 - Computational Techniques ; Simulation Modeling; O - Economic Development, Innovation, Technological Change, and Growth > O5 - Economywide Country Studies > O54 - Latin America ; Caribbean; O - Economic Development, Innovation, Technological Change, and Growth > O2 - Development Planning and Policy > O21 - Planning Models ; Planning Policy

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