This paper uses a fixed-effects model to analyze the effect of IMF programs on poverty with data from 82 countries during 1985 to 2000. Two indicators of poverty, infant mortality rates and the Human Development Index (HDI), are utilized, and the effects of the IMF's concessionary and...

This paper presents the Multidimensional Poverty Index (MPI), a measure of acute poverty, understood as a person’s inability to meet simultaneously minimum international standards in indicators related to the Millennium Development Goals and to core functionings. It constitutes the first...

Intergenerational persistence of poverty is generally linked to the reduced capacity of poor families to foster human capital accumulation of their children and pull them out of poverty. Supply-side interventions, which increase the availability and quality of schooling and health services,...

Our objective is to test the hypothesis that aid can improve the welfare of the poor. Part of this effect is direct, if aid is targeted on the poor, and part is indirected, via the transmission channel of aid-financed public spending on social services - sanitation, education and health. This...