Frances Stewart
Adjustment and Poverty
- ISBN 13:
- 9780415124362
- author:
- Frances Stewart
- format:
- Paperback
- publisher:
- Taylor & Francis, Inc.
- language:
- English
- Publication Year:
- 1995
- Pages:
- 256
- Genre:
- Economics Textbook
- Condition:
- New
- Availability:
- Item usually sent within 10 working days
Description
Adjustment and Poverty: Options and Choices by Frances Stewart The 1980s saw a decade of sharp adjustment and rising poverty in many developing countries. This period was marked by the oil crisis of the 1970s and the recession of the 1980s, which had significant consequences for these regions. This book examines the major causes and results of this situation, including the impact of IMF and World Bank macro-policies on adjusting countries. It also assesses government tax and expenditure policies, particularly in the social sector, and identifies improved policies for the future. The focus is on Africa and Latin America, where poverty was highest, and contrasts these experiences with those areas that successfully combined adjustment with protection for the poor. The book provides a comprehensive analysis of the situation and offers valuable insights into the challenges faced by developing countries during this period.
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