IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-1-349-24373-0_8.html
   My bibliography  Save this book chapter

Constraints on the Effectiveness of Structural Adjustment Packages in the Production and Availability of Pharmaceutical Products in Kenya

In: Constraints on the Success of Structural Adjustment Programmes in Africa

Author

Listed:
  • Pius Owino

Abstract

According to the orthodox adjustment programmes, depreciation of the real exchange rate (RXR), ceteris paribus, induces price incentives in favour of the production and export of Tradable (T) goods relative to non-tradable (N) goods. Trade liberalisation is supposed to reduce protection and improve economic efficiency, while reduction in government spending offsets the inflationary impact of devaluation. In practice, however, many constraints offset these intended objectives. This chapter aims to highlight these constraints by examining the impact of these three policy instruments on the production and availability of pharmaceutical products (PPs) in Kenya. To start with, we examine whether price incentives make the production and export of T goods including PPs more profitable relative to N goods.

Suggested Citation

  • Pius Owino, 1996. "Constraints on the Effectiveness of Structural Adjustment Packages in the Production and Availability of Pharmaceutical Products in Kenya," Palgrave Macmillan Books, in: Charles Harvey (ed.), Constraints on the Success of Structural Adjustment Programmes in Africa, chapter 8, pages 152-173, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-24373-0_8
    DOI: 10.1007/978-1-349-24373-0_8
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-1-349-24373-0_8. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.