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How monetary policy affects poverty: nexus and consequences

Muhammad Ayub Mehar

MPRA Paper from University Library of Munich, Germany

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.

Keywords: monetary policy; poverty; inflation (search for similar items in EconPapers)
JEL-codes: E42 I31 (search for similar items in EconPapers)
Date: 2008-03-04, Revised 2008-12-07
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