Adjustment and Equity:

• Adjustment does not necessarily increase poverty • Adjusting before a crisis reduces social costs • Refusal to adjust and the suspension of imports leads to self-centred underdevelopment, which is socially much more costly • The choice of macroeconomic stabilisation measures is important: the same...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Beteilige Person: Morrisson, Christian (VerfasserIn)
Format: Elektronisch E-Book
Sprache:Englisch
Veröffentlicht: Paris OECD Publishing 1992
Schriftenreihe:OECD Development Centre Policy Briefs
Schlagwörter:
Links:https://doi.org/10.1787/534374616322
Zusammenfassung:• Adjustment does not necessarily increase poverty • Adjusting before a crisis reduces social costs • Refusal to adjust and the suspension of imports leads to self-centred underdevelopment, which is socially much more costly • The choice of macroeconomic stabilisation measures is important: the same result can be obtained with higher or lower social costs • Some structural adjustment measures have beneficial social effects but others, like the reorganisation of public enterprises, involve high costs • Action by donor countries is indispensable to offset the increase in poverty linked to stabilisation measures and to the reduction of employment in public enterprises
Umfang:1 Online-Ressource (27 Seiten) 21 x 29.7cm
DOI:10.1787/534374616322