Bangladesh: Economic Reform Measures and the Poor

Padma Gotur

No 1991/039, IMF Working Papers from International Monetary Fund

Abstract: This paper assesses the impact on the poor of the economic reforms undertaken in Bangladesh under Fund-supported structural adjustment programs. It finds that program-induced changes in production, employment, and incomes have benefitted the poor, while the adverse impact of program-induced price changes has been modest. However, as adjustment efforts are intensified under the current structural adjustment program, more pronounced short-term adverse effects might arise, requiring compensatory measures. The paper reviews special assistance programs for the poor, including those designed to mitigate the potential adverse effects of adjustment, noting that improved targeting would yield sizable fiscal savings that could be used for strengthening social programs.

Keywords: WP; ESAF program; price change; ESAF period; wage employment; employment opportunity; price increase; private sector; real wage; redistribution policy; income-generating capacity; income growth; household expenditure survey; per capita income; income-generating opportunity; adverse impact; price distortion; Income; Inflation; Consumption; Agricultural commodities (search for similar items in EconPapers)
Pages: 28
Date: 1991-04-01
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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfwpa:1991/039

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