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Institute for Poverty Alleviation and
International Development

Yonsei University

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Year Volume
Author Title
Total 5
Volume 3 Number 1 June 2012
Stabilizing Poverty in the Context of the IMF’s Monetary Model
Author_ Sheetal K. Chand
Pages 1-32
Abstract_ The IMF monetary model focuses on the balance of payments. This paper adds a poverty stabilization objective to it. Drawing on statistical income distribution theory, key aspects of the head count poverty indicator are introduced. The resulting model reproduces traditional balance of payments policy prescriptions, while showing their implications for the incidence of poverty. A balance of payments stabilization-poverty tradeoff relationship is derived. This facilitates analysis of pre-emptive policies that can stabilize the incidence of poverty when undertaking balance of payments adjustment, thereby reducing the need for costly alleviation. The suggested approach is illustrated in the context of Mexico’s 1995 stabilization episode.
Keywords_ poverty incidence; IMF monetary model; stabilization policy
Volume 3 Number 1 June 2012
Environmental Sustainability and Government Procurement Reform in East Asia: Achievements and Outcomes
Author_ David S. Jones
Pages 33-58
Abstract_ An important reform of government procurement in the last two decades is the incorporation of environmental standards in the criteria for determining the products acquired and the public works undertaken by government agencies (referred to as sustainable procurement). These requirements have been in recent years included in internationally-recognized best practices of government procurement. They affect product and design specifications, the criteria for awarding contracts, and in the case of public works contracts, they also affect the assessment of contractor performance, including the management of the works site. In recent years, governments of East Asia have adopted reforms to promote sustainable procurement to varying degrees, with noticeably more progress achieved in the developed countries than in the developing and emerging countries of the region. This paper will focus on why the developing and emerging countries of the region have lagged behind the developed countries, identifying as key factors the extent of open competition in tendering, and the budgetary, organizational and human resource constraints in procurement.
Keywords_ East Asia, environmental sustainability, government procurement
Volume 3 Number 1 June 2012
Determinants of Dropout of Members from Thrift and Credit Groups: An Empirical Examination in India
Author_ Debadutta Kumar Panda
Pages 59-72
Abstract_ This quantitative study is conducted in the state of Orissa in India to understand the determinants of dropout of members from women self-help groups. Stratified random sampling method was employed to select 40 sample SHG members from 16 self-help groups from 6 villages. Descriptive statistics and t-significance test was used to understand the difference between active borrowers and dropout members across a set of selected variables. The logit regression model was used to analyze the possible predictors of dropout of members from self-help groups. The hypothesis testing was done through the logit regression. From the analysis, the possible determinants of members’ dropout from their respective self-help groups were observed to be loan size, group size, group meeting, group savings, total loans received, number of loans received, literacy position of the members and interest rates on the loans.
Keywords_ development, India, microfinance
Volume 3 Number 1 June 2012
Policy Issues and Enlightenments on Transfer Effectiveness of Cash Transfer Program in the South
Author_ Yifan Yang and Ziyi Wang
Pages 73-96
Abstract_ The purpose of this paper is to provide an up-to-date and comprehensive analysis of the findings from evaluations of cash transfer programs for social protection. Based on the literature review, these types of interventions have become increasingly popular among recipient governments, especially so-called conditional cash transfer programs and unconditional cash transfer programs. The paper then analyzes the social cash transfer schemes in practice, summarizing basic issues like universal or targeted, and conditional or unconditional. The conclusion is that the imposition of conditional plans needs to be carefully measured, universal plans should be based on the classification of the whole population, and the coordination of the cash transfer program and the overall framework of social security should be paid more attention to.
Keywords_ cash transfer program, social pension, conditional social assistance
Volume 3 Number 1 June 2012
Joint Liability Groups: Theory, Practice and Implications for Poverty
Author_ Eric Henry Yeboah and Alhaji Abdulai
Pages 97-123
Abstract_ While joint liability groups (JLGs) are fundamental to MFIs, theoretical knowledge on JLGs seems to have overtaken the empirical evidence available. The effect of JLGs on poverty is unclear. Employing a mixed method approach, this paper examines JLGs in two MFIs, NWEP and SAT, in a rural community in Ghana. This study showed that, contrary to theory, JLGs are essentially top-down strategies because of MFIs’ determination to control the JLG implementation process. Peer monitoring was irrelevant in the situation where the use of loans for non-business purposes was widespread. Regarding the effect of JLGs on poverty, consensual decision-making within groups yielded positive benefits to service users. Service users who benefitted the most from MFIs disliked JLGs suggesting that they inhibit poverty reduction. This is perhaps an indication that it is time MFIs looked for other innovative ways of providing financial services that is acceptable and fair to poor service users.
Keywords_ joint liability groups, microfinance institutions
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Institute for Poverty Alleviation and International Development (IPAID) at Yonsei University

1, Yonseidae-gil, Wonju-si, Gangwon-do, South Korea

강원도 원주시 연세대길1 연세대학교 미래캠퍼스 정의관 316호 빈곤문제국제개발연구원

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