Impacts of the Global Economic Crisis on Child Poverty and Options for a Policy Response in Cameroon

作者: Christian Arnault Emini , Paul Ningaye , John Cockburn , Ismael Fofana , Luca Tiberti

DOI: 10.2139/SSRN.1808043

关键词: Child labourComputable general equilibriumEconomicsChild povertyReal gross domestic productEconomic growthCash transfersDevelopment economicsForeign-exchange reservesSocial protectionPoverty

摘要: This study aims to evaluate the potential impacts of 2008/09 global economic crisis on child poverty in Cameroon. It also explores effects that policy responses such a could have children. In order do this, uses macro-micro methodology. A dynamic computable general equilibrium (CGE) model is used simulate various scenarios together with policies which respond crisis, taking into account different transmission channels Cameroonian economy. The results CGE are then micro-econometric module simulated shocks households and children particular.Five dimensions examined: monetary poverty, caloric school participation labour, children’s access health care services.The shows projected lower real GDP growth rate by 1.3 percentage points 2009, 0.9 2010 0.8 2011. would bring about 1.05% increase number who were poor terms 2008 4% 2011, compared situation without crisis. With respect this reference scenario, 0.56% 1.08% 1.60% negatively affects, albeit lightly, both their services.Four alternative simulated: reduction VAT levied sale food products; elimination customs tariffs applied imports free canteens for under age 15 districts where higher than national average; granting cash transfers These policies, cost 1%, 0.4%, 0.19% 1% Cameroon’s before-crisis respectively, financed either foreign aid or draining state’s reserves. Results from these simulations show that, reduction, appear be most effective four mentioned above, but ineffective at improving rate. At level, transfer completely counters engendered over entire period study. even lowers two types less did not occur. Moreover, beneficial, although small, labour rates. Furthermore, beside policy, subsidy has relatively low carries fairly considerable benefits response especially alleviating poverty; while other quite ineffective, regardless dimension considered.

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