HEC-Ecole de gestion de l'Université de Liège
HEC-Ecole de gestion de l'Université de Liège

Can public policies help developing countries escape from the poverty trap?

Nicolay, Maxime ULiège
Promotor(s) : Tharakan, Joseph ULiège
Date of defense : 27-Jun-2022/29-Jun-2022 • Permalink :
Title : Can public policies help developing countries escape from the poverty trap?
Translated title : [fr] Les politiques publiques peuvent-elles aider les pays en développement à sortir du piège de la pauvreté ?
Author : Nicolay, Maxime ULiège
Date of defense  : 27-Jun-2022/29-Jun-2022
Advisor(s) : Tharakan, Joseph ULiège
Committee's member(s) : Guillot, Malka ULiège
Cioppa, Kelly ULiège
Language : English
Number of pages : 46
Keywords : [en] Poverty, Development, Developing countries, Public policy
Discipline(s) : Business & economic sciences > Economic systems & public economics
Institution(s) : Université de Liège, Liège, Belgique
Degree: Master en sciences économiques, orientation générale, à finalité spécialisée en economic, analysis and policy
Faculty: Master thesis of the HEC-Ecole de gestion de l'Université de Liège


[en] The main purpose of this study is to test the effectiveness of public education, health and labour market policies in reducing poverty in developing countries.
We use different types of public interventions, namely minimum wages, child labour, government expenses, public education spending and public health spending.
The empirical estimates are based on a balanced panel data set covering 34 developing countries from 2000 to 2019. For sensitivity and robustness of the findings, three different measures of poverty are used in fixed effect models.
The study concludes that abolishing child labour, increasing government spending, and increasing education spending contribute to poverty reduction. However, raising health spending and the minimum wage do not have the desired effects.
Finally, several policy conclusions are made to improve our understanding of why certain policy measures are designed and implemented in developing economies.



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  • Nicolay, Maxime ULiège Université de Liège > Master sc. éco., or. gén., à fin.


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