- PEP in the World
PEP has successfully bid for an AusAID-commissioned study to simulate and analyze the distributive impacts of different growth strategies in developing countries. This initiative includes three different different country projects led by small teams of local researchers in China, Pakistan and the Philippines. The study will be carried out in collaboration with an international coordinating team of leading experts in modelling and macro-micro simulation techniques, whose contributions in terms of methodological developments are also expected to serve internationally as a new resource for both researchers and decision-makers to assist in related policymaking.
Governments encourage growth through various policies: infrastructure, education, training, health, agricultural extension, trade, etc. Each strategy has wide-ranging impacts on the entire economy (sectoral production, wages and other factor returns, consumer prices, public finances, etc.) with very different distributive consequences. By building these "motors of growth" into an economy-wide model linked to a household survey-based microsimulation model, the project will simulate the distributive impacts of various growth policies, provide insights on accompanying policies to allow greater participation by the poor and a tool for researchers and policy makers.
The following report provides a brief summary of the initiative and the main outcomes from each country project to date:
"Investing in Public Infrastructure: An Effective Inclusive Growth Strategy?"
Find more information (and publications) on the outcomes of each the country projects selected for this initiative, through the following links: