Macroeconomic Crises and Poverty Monitoring: A Case Study for India

Gaurav Datt and Martin Ravallion

Review of Development Economics, 1997, vol. 1, issue 2, 135-152

Abstract: Survey‐based welfare indicators can fluctuate over time in ways which have little to do with macroeconomic changes in the economy. So basing policy decisions on short‐term movements in such welfare indicators can be hazardous. There was a sharp increase in India’s poverty measures in the aftermath of the mid‐1991 crisis and the ensuing stabilization program. However, only one‐tenth of the increase in measured poverty is explicable in terms of the variables one would expect to transmit the shock to poor people. Poverty measures soon returned to their pre‐reform levels, belying the notion of a structural break induced by reforms.

Date: 1997
References: Add references at CitEc
Citations: View citations in EconPapers (12)

Downloads: (external link)
https://doi.org/10.1111/1467-9361.00010

Related works:
Working Paper: Macroeconomic crises and poverty monitoring: a case study for India (1996)
Working Paper: Macroeconomic crises and poverty monitoring: a case study for India (1996)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:rdevec:v:1:y:1997:i:2:p:135-152

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=1363-6669

Access Statistics for this article

Review of Development Economics is currently edited by E. Kwan Choi

More articles in Review of Development Economics from Wiley Blackwell
Bibliographic data for series maintained by Wiley Content Delivery ().