Structural Adjustment, Labour and the Poor
Shahrukh Rafi Khan
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Shahrukh Rafi Khan: Sustainable Development Policy Institute
Chapter 6 in Do World Bank and IMF Policies Work?, 1999, pp 113-123 from Palgrave Macmillan
Abstract:
Abstract This chapter draws together some of the important evidence with regard to the impact of structural adjustment on labour and the poor, and identifies other areas where much research still needs to be done. Should the poor worry about structural adjustment? The answer is probably yes, although again this is an empirical issue. As mentioned above, one of the more stringent conditionalities of the SAF loans is that government should reduce the budget deficit through suitable demand management policies and by specific reforms aimed at cutting expenditures and increasing revenues. Curtailing expenditure invariably translates into cuts in subsidies and in expenditure on social sectors. Both these measures are easier to undertake than, say, a substantial reduction in military expenditure.
Keywords: Unemployment Rate; Income Group; Real Wage; Structural Adjustment; Unskilled Worker (search for similar items in EconPapers)
Date: 1999
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37325-9_7
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DOI: 10.1057/9780230373259_7
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