Finance & Development, December 1988

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This paper describes the effect of IMF-supported adjustment programs on the poor. The paper highlights that IMF-supported adjustment programs have often been misunderstood and have been criticized for seeking excessive reductions in aggregate demand, resulting in unwarranted contractions of output and employment opportunities, and declines in... READ MORE...

Publication date: December 1988
ISBN 9781616353759
$7.50

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