Structural Adjustment Reconsidered : Economic Policy and Poverty in Africa
Book Details
Format
Hardback or Cased Book
ISBN-10
0521584515
ISBN-13
9780521584517
Publisher
Cambridge University Press
Imprint
Cambridge University Press
Country of Manufacture
US
Country of Publication
GB
Publication Date
Oct 28th, 1997
Print length
320 Pages
Weight
595 grams
Product Classification:
Development economics & emerging economies
Ksh 8,350.00
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In this 1998 study the authors isolate the effect of specific policy measures associated with adjustment programs in ten African countries.
The often emotional debate over the impact of structural adjustment on the poor in Africa has been confused by the complexity of economic reforms and their inconsistent implementation, the diversity of prior conditions, and confounding effects of external shocks. Going beyond simple ''before and after'' comparisons, in this 1998 book Professors Sahn, Dorosh, and Younger isolate from other factors the effect of specific policy measures associated with adjustment programs. The analysis draws primarily on the experience of ten African countries: Cameroon, The Gambia, Ghana, Madagascar, Malawi, Mozambique, Niger, Tanzania, and Zaire. It combines description of policy reforms and survey data, and quantitative simulations using multi-market and computable general equilibrium (CGE) models. The authors suggest that contrary to common belief, adjustment policies do not harm the poor in Africa. Reforms in fact usually benefit the poor slightly, but alone are insufficient to reduce poverty significantly.
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