Structural adjustment policies in developing economies

Material type: Text

TextPublication details: Washington; The World Bank; 1981Description: 36pISBN:

821393693

Subject(s):

Economics policies

DDC classification:

338.5 STR c.2

Summary: This paper examines structural adjustment policies in developing economies, defined as policy responses to external or internal shocks that are carried out with the objective of regaining the pre-shock growth path. Examples of external shocks are the quadrupling of petroleum prices of 1973-74 and the world recession of 1974-75. Internal shocks may find their origin in Inappropriate economic policies, such as the excessively expansionary fiscal measures taken in Mexico after 1972, or in political events, such as the April 1974 Revolution in Portugal.

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Item type	Current library	Call number	Status	Date due	Barcode	Item holds
Books	Gandhi Smriti Library	338.5 STR c.2 (Browse shelf(Opens below))	Available		29808

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This paper examines structural adjustment policies in developing economies, defined as policy responses to external or internal shocks that are carried out with the objective of regaining the pre-shock growth path. Examples of external shocks are the quadrupling of petroleum prices of 1973-74 and the world recession of 1974-75. Internal shocks may find their origin in Inappropriate economic policies, such as the excessively expansionary fiscal measures taken in Mexico after 1972, or in political events, such as the April 1974 Revolution in Portugal.

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