Colombia: Economic Adjustment and the Poor

Claire Liuksila

No 1991/081, IMF Working Papers from International Monetary Fund

Abstract: This paper assesses the impact on the poor of the macroeconomic adjustment program undertaken in 1985-86. It finds that program-induced changes in production, employment, and real incomes have benefited the poor, while the adverse impact of program-induced price changes was modest and was largely cushioned by government policies. The paper describes the dimensions of poverty in Colombia, surveys government programs to alleviate poverty, and reviews the factors contributing to the improvement in the income distribution in recent years.

Keywords: WP; minimum wage; wage; real wage; price; price effect; wage bill; coffee export revenue; absolute poverty; low income; income survey; wages in agriculture; income quintile; incomes of the poor; poverty line; earnings of the poor; world coffee price; Income; Minimum wages; Wages; Imports; Consumer price indexes; Caribbean (search for similar items in EconPapers)
Pages: 47
Date: 1991-08-01
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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfwpa:1991/081

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