The big show of world bank and IMF

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The effect of IMF and World Bank programs on poverty

Structural adjustment, as measured by the number of adjustment loans from the IMF and World Bank, reduces the growth elasticity of poverty reduction. I find no evidence for a direct effect of structural adjustment on growth. The poor benefit less from output expansion in countries with many adjustment loans than in countries with few adjustment loans. By the same token, the poor suffer less fro...

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Structural adjustment, as measured by the number of adjustment loans from the IMF and World Bank, reduces the growth elasticity of poverty reduction. Growth does reduce poverty, but I find no evidence for a direct effect of structural adjustment on growth. Instead, the poor benefit less from output expansion in countries with many adjustment loans than in countries with few adjustment loans. By...

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ژورنال

عنوان ژورنال: Intereconomics

سال: 1970

ISSN: 0020-5346,1613-964X

DOI: 10.1007/bf02928928