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External Imbalances, Famines And Entitlements: A Case Study

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  • Derseh Endale

Abstract

The study proceeded by broadly categorizing the various defects of the economy as manifestations of two disequilibria in the system. The first disequilibrium pertains to the internal imbalances as reflected mainly by the stagnation in economic growth, the decline in the per capita output of food and related items, and the growing budget deficits of the public sector. The other disequilibrium is the external imbalances and is chiefly reflected in the system's inability to eliminate the balance of payment deficits. This latter disequilibrium was the subject matter of this paper.

Suggested Citation

  • Derseh Endale, 1993. "External Imbalances, Famines And Entitlements: A Case Study," WIDER Working Paper Series wp-1993-103, World Institute for Development Economic Research (UNU-WIDER).
    • Handle: RePEc:unu:wpaper:wp-1993-103
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    File URL: https://www.wider.unu.edu/sites/default/files/WP103.pdf
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    References listed on IDEAS

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    7. Mohsin S. Khan, 1990. "The Macroeconomic Effects of Fund-Supported Adjustment Programs," IMF Staff Papers, Palgrave Macmillan, vol. 37(2), pages 195-231, June.
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