reduces the poverty effect of the external shock. Even the significant short-run macroeconomic expansion that occurs without … wage indexation does not translate into significant poverty alleviation, which is due to the fact that the real value of …

This paper investigates the effects of oil financed public investment on poverty using a dynamic multisectoral general … which favor nontradable activities over export agriculture and manufacturing thereby increasing rural and national poverty … growth, and poverty is less straightforward than simple models of the "resource curse" suggest. Taking Ghana as a stylized …