Poverty, policy reforms for resource-use and economic efficiency: Neglected issues

Tisdell, C. A. (2009) Poverty, policy reforms for resource-use and economic efficiency: Neglected issues. Singapore Economic Review, 54 2: 155-166. doi:10.1142/S0217590809003318

Author Tisdell, C. A.
Title Poverty, policy reforms for resource-use and economic efficiency: Neglected issues
Journal name Singapore Economic Review   Check publisher's open access policy
ISSN 0217-5908
Publication date 2009-06
Year available 2009
Sub-type Article (original research)
DOI 10.1142/S0217590809003318
Volume 54
Issue 2
Start page 155
End page 166
Total pages 12
Editor Quah, Euston
Place of publication Singapore
Publisher World Scientific
Collection year 2010
Language eng
Subject 140201 Agricultural Economics
140219 Welfare Economics
140205 Environment and Resource Economics
Abstract It is widely believed that in developing countries, open-access to natural resources, inadequate private property rights, and lack of development of market systems add to the incidence of poverty. Increased economic efficiency is seen as a powerful force for reducing the extent of poverty in developing countries in the long run. While this may be so, it ignores the depth and incidence of poverty that can be generated during adjustments to policy reforms. This possibility constrains policy choices as shown theoretically on natural resource policies and agricultural adjustment policies with Asian examples. Social, behavioral, and institutional features are also considered as they may result in the poverty lock-in of some groups. It is essential to consider dynamic processes and not to rely solely on comparative statics when assessing economic policies to reduce poverty and increase economic efficiency. It is also important to take into account the institutional constraints on policy choices.
Keyword Adjustment to policy change
Agricultural policy
Economic efficiencies
Market reforms
Natural resource policies
Q-Index Code C1
Q-Index Status Confirmed Code

Document type: Journal Article
Sub-type: Article (original research)
Collections: 2010 Higher Education Research Data Collection
School of Economics Publications
Ecology Centre Publications
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Citation counts: TR Web of Science Citation Count  Cited 4 times in Thomson Reuters Web of Science Article | Citations
Scopus Citation Count Cited 3 times in Scopus Article | Citations
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Created: Fri, 04 Sep 2009, 10:25:54 EST