English, Article, Journal or magazine article edition: Adjustment and Equity Christian Morrisson

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Bookmark: http://trove.nla.gov.au/version/85648
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Adjustment and Equity
Author
  • Christian Morrisson
Physical Description
  • preprint
Notes
  • • 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
  • RePEc:oec:devaab:1-en
Language
  • English
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