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1991_Bourguignon-deMelo_CM_Poverty_Adjustment_WDevelopment.pdf

AI-generated Abstract

This paper examines the effects of economic adjustment programs on poverty and income distribution within developing countries, particularly during the macroeconomic crises of the 1980s. It explores how stabilization and structural adjustment policies impacted living standards, with a focus on the case studies of Cote d'Ivoire and Morocco. Findings suggest that, despite the challenges posed by economic crises, policy measures aimed at restructuring economies can lead to improved resource allocation and growth, ultimately influencing poverty levels and income distribution.