THE EFFECT OF STABILIZATION POLICIES ON POVERTY: EMPIRICAL STUDY OF BRICS AND MINT COUNTRIES

Over the previous decade, developing countries have experienced increased economic growth. Meanwhile, economic development leads to a change in poverty, which is prevalent in BRICS and MINT countries. As a result, it is essential to determine how government policy affects poverty. This study analyze...

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Main Author: Nabila Kusuma, Revitya
Format: Final Project
Language:Indonesia
Online Access:https://digilib.itb.ac.id/gdl/view/77824
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Institution: Institut Teknologi Bandung
Language: Indonesia
id id-itb.:77824
spelling id-itb.:778242023-09-14T13:43:28ZTHE EFFECT OF STABILIZATION POLICIES ON POVERTY: EMPIRICAL STUDY OF BRICS AND MINT COUNTRIES Nabila Kusuma, Revitya Indonesia Final Project Stabilization policy; Monetary policy; Fiscal policy; Exchange rate regime; Poverty; Globalization; BRICS countries; MINT countries; Panel data INSTITUT TEKNOLOGI BANDUNG https://digilib.itb.ac.id/gdl/view/77824 Over the previous decade, developing countries have experienced increased economic growth. Meanwhile, economic development leads to a change in poverty, which is prevalent in BRICS and MINT countries. As a result, it is essential to determine how government policy affects poverty. This study analyzes the influence of stabilization policies on poverty. Three stability policies are considered: fiscal policy, monetary policy, and exchange rate policy. Quarterly data from the year 2000 to 2019 in Brazil, Russia, India, China, South Africa (BRICS) dan Mexico, Indonesia, Nigeria, Turkey (MINT) were used. According to the outcomes of the study, globalization and monetary policy significantly influence poverty outcomes. This provides valuable insights for policymakers and practitioners aiming to design effective strategies for poverty reduction and sustainable economic growth. text
institution Institut Teknologi Bandung
building Institut Teknologi Bandung Library
continent Asia
country Indonesia
Indonesia
content_provider Institut Teknologi Bandung
collection Digital ITB
language Indonesia
description Over the previous decade, developing countries have experienced increased economic growth. Meanwhile, economic development leads to a change in poverty, which is prevalent in BRICS and MINT countries. As a result, it is essential to determine how government policy affects poverty. This study analyzes the influence of stabilization policies on poverty. Three stability policies are considered: fiscal policy, monetary policy, and exchange rate policy. Quarterly data from the year 2000 to 2019 in Brazil, Russia, India, China, South Africa (BRICS) dan Mexico, Indonesia, Nigeria, Turkey (MINT) were used. According to the outcomes of the study, globalization and monetary policy significantly influence poverty outcomes. This provides valuable insights for policymakers and practitioners aiming to design effective strategies for poverty reduction and sustainable economic growth.
format Final Project
author Nabila Kusuma, Revitya
spellingShingle Nabila Kusuma, Revitya
THE EFFECT OF STABILIZATION POLICIES ON POVERTY: EMPIRICAL STUDY OF BRICS AND MINT COUNTRIES
author_facet Nabila Kusuma, Revitya
author_sort Nabila Kusuma, Revitya
title THE EFFECT OF STABILIZATION POLICIES ON POVERTY: EMPIRICAL STUDY OF BRICS AND MINT COUNTRIES
title_short THE EFFECT OF STABILIZATION POLICIES ON POVERTY: EMPIRICAL STUDY OF BRICS AND MINT COUNTRIES
title_full THE EFFECT OF STABILIZATION POLICIES ON POVERTY: EMPIRICAL STUDY OF BRICS AND MINT COUNTRIES
title_fullStr THE EFFECT OF STABILIZATION POLICIES ON POVERTY: EMPIRICAL STUDY OF BRICS AND MINT COUNTRIES
title_full_unstemmed THE EFFECT OF STABILIZATION POLICIES ON POVERTY: EMPIRICAL STUDY OF BRICS AND MINT COUNTRIES
title_sort effect of stabilization policies on poverty: empirical study of brics and mint countries
url https://digilib.itb.ac.id/gdl/view/77824
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