Impacts of the Triple Global Crisis on Growth and Poverty : The Case of Yemen

Yemen is an oil-exporting and food-importing country with the highest levels of poverty in the Middle East and North Africa. The impacts of the triple crisis are likely to further complicate pre-existing conditions of conflict, oil depletion and governance failure. Using a dynamic CGE model, this ar...

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Main Authors:	Breisinger, Clemens, Diao, Xinshen, Collion, Marie-Helen, Rondot, Pierre
Format:	Journal Article
Language:	EN
Published:	2012
Subjects:	Financial Crises G010 Measurement and Analysis of Poverty I320 Economic Development: Agriculture Natural Resources Energy Environment Other Primary Products O130 Economic Development: Human Resources Human Development Income Distribution Migration O150 Economic Development: Financial Markets Saving and Capital Investment Corporate Finance and Governance O160 Measurement of Economic Growth Aggregate Productivity Cross-Country Output Convergence O470 Natural Resources and Domestic and International Conflicts Q340
Online Access:	http://hdl.handle.net/10986/5450

id	okr-10986-5450
recordtype	oai_dc
spelling	okr-10986-54502021-04-23T14:02:22Z Impacts of the Triple Global Crisis on Growth and Poverty : The Case of Yemen Breisinger, Clemens Diao, Xinshen Collion, Marie-Helen Rondot, Pierre Financial Crises G010 Measurement and Analysis of Poverty I320 Economic Development: Agriculture Natural Resources Energy Environment Other Primary Products O130 Economic Development: Human Resources Human Development Income Distribution Migration O150 Economic Development: Financial Markets Saving and Capital Investment Corporate Finance and Governance O160 Measurement of Economic Growth Aggregate Productivity Cross-Country Output Convergence O470 Natural Resources and Domestic and International Conflicts Q340 Yemen is an oil-exporting and food-importing country with the highest levels of poverty in the Middle East and North Africa. The impacts of the triple crisis are likely to further complicate pre-existing conditions of conflict, oil depletion and governance failure. Using a dynamic CGE model, this article finds that oil-driven growth in 2008 dominated the negative growth impacts of the food crisis, but that growth was not pro-poor. The financial crisis of 2009 slowed growth sharply and raised the poverty rate to 42.8%, up from 34.8% in 2005/6. Poverty continues to be higher in rural areas, where almost half the population live in poverty. 2012-03-30T07:32:53Z 2012-03-30T07:32:53Z 2011 Journal Article Development Policy Review 09506764 http://hdl.handle.net/10986/5450 EN http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Journal Article Yemen, Republic of
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	EN
topic	Financial Crises G010 Measurement and Analysis of Poverty I320 Economic Development: Agriculture Natural Resources Energy Environment Other Primary Products O130 Economic Development: Human Resources Human Development Income Distribution Migration O150 Economic Development: Financial Markets Saving and Capital Investment Corporate Finance and Governance O160 Measurement of Economic Growth Aggregate Productivity Cross-Country Output Convergence O470 Natural Resources and Domestic and International Conflicts Q340
spellingShingle	Financial Crises G010 Measurement and Analysis of Poverty I320 Economic Development: Agriculture Natural Resources Energy Environment Other Primary Products O130 Economic Development: Human Resources Human Development Income Distribution Migration O150 Economic Development: Financial Markets Saving and Capital Investment Corporate Finance and Governance O160 Measurement of Economic Growth Aggregate Productivity Cross-Country Output Convergence O470 Natural Resources and Domestic and International Conflicts Q340 Breisinger, Clemens Diao, Xinshen Collion, Marie-Helen Rondot, Pierre Impacts of the Triple Global Crisis on Growth and Poverty : The Case of Yemen
geographic_facet	Yemen, Republic of
relation	http://creativecommons.org/licenses/by-nc-nd/3.0/igo
description	Yemen is an oil-exporting and food-importing country with the highest levels of poverty in the Middle East and North Africa. The impacts of the triple crisis are likely to further complicate pre-existing conditions of conflict, oil depletion and governance failure. Using a dynamic CGE model, this article finds that oil-driven growth in 2008 dominated the negative growth impacts of the food crisis, but that growth was not pro-poor. The financial crisis of 2009 slowed growth sharply and raised the poverty rate to 42.8%, up from 34.8% in 2005/6. Poverty continues to be higher in rural areas, where almost half the population live in poverty.
format	Journal Article
author	Breisinger, Clemens Diao, Xinshen Collion, Marie-Helen Rondot, Pierre
author_facet	Breisinger, Clemens Diao, Xinshen Collion, Marie-Helen Rondot, Pierre
author_sort	Breisinger, Clemens
title	Impacts of the Triple Global Crisis on Growth and Poverty : The Case of Yemen
title_short	Impacts of the Triple Global Crisis on Growth and Poverty : The Case of Yemen
title_full	Impacts of the Triple Global Crisis on Growth and Poverty : The Case of Yemen
title_fullStr	Impacts of the Triple Global Crisis on Growth and Poverty : The Case of Yemen
title_full_unstemmed	Impacts of the Triple Global Crisis on Growth and Poverty : The Case of Yemen
title_sort	impacts of the triple global crisis on growth and poverty : the case of yemen
publishDate	2012
url	http://hdl.handle.net/10986/5450
_version_	1764395087145467904

Impacts of the Triple Global Crisis on Growth and Poverty : The Case of Yemen

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