Assessing the Impact of Structural Adjustmenton the Poor [electronic resource] : The Case of Malawi, Brekk, Odd Per.
- Washington, D.C. : International Monetary Fund, 1991.
- IMF eLibrary
IMF Working Papers; Working Paper No. 91/112.
IMF Working Papers; Working Paper No. 91/112
- Government document
1 online resource (30 p.)
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Classification of expenditure.
- This paper applies, through a case study on Malawi, a simple methodology indicating the first-round (i.e., price) effects of macroeconomic policies on real earnings of the poor. As the economic program in Malawi has not involved substantial exchange rate action or cuts in subsidies, the real incomes of the poor have been most clearly affected by the pricing policies of the agricultural parastatal and the overall anti-inflationary measures incorporated in the program; developments in minimum wages have also been important. The study suggests that, on balance, these various factors have led to an increase in real incomes of the poor over the program period.
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- Brekk, Odd Per.
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