Finance and Development, December 1988.

This paper describes the effect of IMF-supported adjustment programs on the poor. The paper highlights that IMF-supported adjustment programs have often been misunderstood and have been criticized for seeking excessive reductions in aggregate demand, resulting in unwarranted contractions of output a...

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Bibliographic Details
Corporate Author: International Monetary Fund. External Relations Dept
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 1988.
Series:Finance and Development; Finance and Development ; No. 0025/004
Online Access:Full text available on IMF
Description
Summary:This paper describes the effect of IMF-supported adjustment programs on the poor. The paper highlights that IMF-supported adjustment programs have often been misunderstood and have been criticized for seeking excessive reductions in aggregate demand, resulting in unwarranted contractions of output and employment opportunities, and declines in the living standards of people living in poverty. The paper discusses the series of case studies of nine programs in seven countries that the IMF undertook to obtain a balanced and comprehensive appraisal of how the poor fare in the context of IMF-supported adjustment programs.
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Physical Description:1 online resource (62 pages)
Format:Mode of access: Internet
ISSN:0145-1707
Access:Electronic access restricted to authorized BRAC University faculty, staff and students