Structural Adjustment Macroeconomic Adjustment And Poverty
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| Author | : Michael P. Dooley |
| Publisher | : University of Chicago Press |
| Total Pages | : 456 |
| Release | : 2007-11-01 |
| Genre | : Business & Economics |
| ISBN | : 0226155420 |
The management of financial crises in emerging markets is a vital and high-stakes challenge in an increasingly global economy. For this reason, it's also a highly contentious issue in today's public policy circles. In this book, leading economists-many of whom have also participated in policy debates on these issues-consider how best to reduce the frequency and cost of such crises. The contributions here explore the management process from the beginning of a crisis to the long-term effects of the techniques used to minimize it. The first three chapters focus on the earliest responses and the immediate defense of a currency under attack, exploring whether unnecessary damage to economies can be avoided by adopting the right response within the first few days of a financial crisis. Next, contributors examine the adjustment programs that follow, considering how to design these programs so that they shorten the recovery phase, encourage economic growth, and minimize the probability of future difficulties. Finally, the last four papers analyze the actual effects of adjustment programs, asking whether they accomplish what they are designed to do-and whether, as many critics assert, they impose disproportionate costs on the poorest members of society. Recent high-profile currency crises have proven not only how harmful they can be to neighboring economies and trading partners, but also how important policy responses can be in determining their duration and severity. Economists and policymakers will welcome the insightful evaluations in this important volume, and those of its companion, Sebastian Edwards and Jeffrey A. Frankel's Preventing Currency Crises in Emerging Markets.
| Author | : P. Thandika Mkandawire |
| Publisher | : IDRC |
| Total Pages | : 192 |
| Release | : 2014-05-14 |
| Genre | : Political Science |
| ISBN | : 155250204X |
Our Continent, Our Future presents the emerging African perspective on this complex issue. The authors use as background their own extensive experience and a collection of 30 individual studies, 25 of which were from African economists, to summarize this African perspective and articulate a path for the future. They underscore the need to be sensitive to each country's unique history and current condition. They argue for a broader policy agenda and for a much more active role for the state within what is largely a market economy. Finally, they stress that Africa must, and can, compete in an increasingly globalized world and, perhaps most importantly, that Africans must assume the leading role in defining the continent's development agenda.
| Author | : David Reed |
| Publisher | : Routledge |
| Total Pages | : 421 |
| Release | : 2013-11-05 |
| Genre | : Business & Economics |
| ISBN | : 1134048181 |
This is a pioneering study which should serve as a model for future research and will to a wide audience' Dharam Ghai, Director United Nations Research Institute for Social Development Structural Adjustment and the Environment (Earthscan, 1992) was the first book to fully examine the effects of 'structural adjustment programmes the economic reform policies required by the World Bank and IMF as part of their lending operations with borrowing countries. To widespread Critical acclaim it exposed the damaging environmental and social effects of structural adjustment policies, and called for a thorough revision of the then-current development policy. This new work; Structural Adjustment, the Environment and sustainable Development is a major step forward in the study of structural adjustment policies. It looks in detail at new research and analysis into their effects, and incorporates recent studies by a wide range of academics and policy-makers, leading experts and institutes. Focusing on nine in-depth case studies, the book examines the complex links between macroeconomic policies, social impacts and environmental outcomes, and takes a forward-looking perspective in outlining the alternatives to current structural adjustment policies. Review quotes for Structural Adjustment and the Environment 'Should be essential reading for all students of development' Third World Planning Review 'Breaks new ground in the debate on structural adjustment generally. and in the environment/development debate' International Affairs 'The most substantial contribution to date to what is undoubtedly an important area' Development and Change David Reed is director of the Macroeconomics for Sustainable Development Programme of WWF International, and editor of Structural Adjustment and the Environment (Earthscan, 1992). Originally published in 1996
| Author | : |
| Publisher | : |
| Total Pages | : 44 |
| Release | : 1994 |
| Genre | : Political Science |
| ISBN | : |
| Author | : Martin Ravallion |
| Publisher | : World Bank Publications |
| Total Pages | : 32 |
| Release | : 2001 |
| Genre | : Bienestar economico y social |
| ISBN | : |
One side in the current debate about who benefits from growth has focused solely on average impacts on poverty and inequality, while the other side has focused on the diverse welfare impacts found beneath the averages. Both sides have a point.
| Author | : Michael Lipton |
| Publisher | : World Bank Publications |
| Total Pages | : 126 |
| Release | : 1993 |
| Genre | : Developing countries |
| ISBN | : |
| Author | : William Easterly |
| Publisher | : World Bank Publications |
| Total Pages | : 36 |
| Release | : 2001 |
| Genre | : Banco Mundial |
| ISBN | : 0202080110 |
There is some evidence that IMF and World Bank adjustment lending smooths consumption for the poor, reducing the rise in poverty for any given contraction of the economy but also reducing the fall in poverty for any given expansion. Adjustment lending plays a similar role as inequality, reducing poverty's sensitivity to the economy's aggregate growth rate.
| Author | : Stephan Haggard |
| Publisher | : Princeton University Press |
| Total Pages | : 380 |
| Release | : 1992 |
| Genre | : Business & Economics |
| ISBN | : 9780691003948 |
This is a collection of essays offering comparative analysis of the divergent experiences of developing countries responding to economic crises by adopting macroeconomic stabilization and structural adjustment policies.
| Author | : Francis Boateng Frimpong |
| Publisher | : BRILL |
| Total Pages | : 285 |
| Release | : 2021-11-22 |
| Genre | : Social Science |
| ISBN | : 9004500022 |
Francis Frimpong argues that the exponential growth of finance and credit infrastructures in Ghana did not alleviate poverty in the country. It has, however, resulted in rising financial profits, financialising poverty and stagnating the real sector of the economy
| Author | : Haleh Afshar |
| Publisher | : Springer |
| Total Pages | : 276 |
| Release | : 2016-07-27 |
| Genre | : Political Science |
| ISBN | : 134911961X |
The Third World debt crisis, the International Monetary Fund and World Bank's adjustment policies have compelled many countries to move towards a contraction of public sector expenditure in favour of market orientated development policies. Women in general and the poorest amongst them in particular have borne a disproportionate burden of the ensuing hardships. This book addresses the shortcomings in the current gender blind analytical frameworks of governments and financial organisations and offers alternative strategies for combating recession and poverty.
