Policy Innovations The central address for a fairer globalization

A publication of the Carnegie Council

Poverty Reduction

Macroeconomic Policies and Poverty Reduction

By Terry McKinley

United Nations Development Programme, June 1, 1997

The present Technical Support Document, Macroeconomic Policies and Poverty Reduction, is intended to provide useful perspectives to UNDP staff engaged in project work with development partners on how macroeconomic policy can impact efforts to reduce poverty. It has become increasingly apparent that poverty reduction strategies which fail to encompass macroeconomic policy are less successful because of the impact, both direct and indirect, which such policies have on efforts to reduce poverty. This volume attempts to draw attention to the effects of the macroeconomic framework on strategies designed to reduce poverty using a sustainable human development approach.

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