1st Edition

Adjustment and Poverty Options and Choices

By Frances Stewart Copyright 1995
    256 Pages
    by Routledge

    256 Pages
    by Routledge

    The last decade has brought sharp adjustment and rising poverty for most of the developing world. Adjustment and Poverty: Options and Choices examines the major causes and results of this situation, including:

    *the relationship between structural adjustment and poverty;
    *the extent to which the situation was brought about by internal and/or external policies;
    *the impact of the IMF and World Bank on adjusting countries;
    *government tax and spending policies - with a particular focus on social sector spending;
    *the possiblity of better policies in the future.

    Preface 1 Introduction 2 The impact of macro-adjustment policies on the incomes of the poor—a review of alternative approaches 3 Meso-policy choices and the poor 4 Food subsidies: two errors of targeting 5 Adjustment and social funds: political panacea or effective poverty reduction? 6 Structural adjustment policies and the poor in Africa: an analysis of the 1980s 7 The Latin American and Caribbean story 8 Conclusions


    Frances Stewart is Director of the International Development Centre, Queen Elizabeth House, Oxford. She was Special Adviser on Adjustment Policies to UNICEF and is a Council member of the United Nations University. She has published widely on a range of development topics and is recognised as a leading authority on this subject.