Structural Adjustment and Income Distribution: Issues and Experience

Abstract

Background instruments of adjustment determining the contents of an adjustment programme - the classification of countries by initial conditions, adjustment policies under different initial conditions, the mix of stabilization and structural reform instruments, the mix of stabilization and structural reform instruments, the selection of stabilization instruments, the prioritization of the instruments of structural reform, the effects of adjustment on growth and equity - an analysis of overall experience, the performance of adjustment under SALs, 1980-88, the experience of countries implementing highly intensive adjustment programmes, interpreting the evidence country experience of adjustment - Republic of Korea, Chile, Indonesia, China, the former centrally planned economies, adjustment and urban-rural balance.

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