March 3, 2004
Speaker: Patrick Conway, University of North Carolina
Conway discussed his review essay on the measurement of the PSIA effects of monetary and exchange-rate reform. This analysis considers together the impact on poverty and the income distribution effects of three interrelated groups of reforms: exchange-rate adjustments, money-supply adjustments, and adjustment to controls on foreign capital flows. These are combined under the heading of "monetary policy" because of the conceptual linkages among them. The ties between these policies were highlighted, and the techniques available to assess the impact on the poor of the reforms outlined. Please find the presentation from the event and a copy of the paper in the highlight box to the right.
(Use the free Adobe Acrobat Reader to view the PDF files).
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