Financial Markets and Poverty

Robert M. Townsend
Publication Type: 
Books and Book Chapters
Publication Article File: 
Book Title: 
Inter-American Development Bank Conference Proceedings
Chapter 1
Publication Year: 

An Algorithm for Policy-Based Research and Research-Based Policy

This chapter explores the relationship between poverty and financial markets. The document serves as a guide for operations and policy on the one hand and for research on the other. But the chapter does not distinguish between these two uses. Rather, both are merged into a common goal: policy is based on research and research is geared toward generating policy conclusions.

Policy Evaluation