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A conceptual framework for adjustment policies

Author

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  • Balassa, Bela

Abstract

This paper begins by examining the existing conceptual framework for stabilization policies and inquires into the question as to an appropriate framework for adjustment policies. Next, the instruments of adjustment policies are briefly reviewed; followed by a discussion of the principal types of policies, including policies aimed at improving the use of existing resources, increasing savings and investment, and ensuring an efficient choice of investments. Furthermore, brief consideration is given to the coordination of stabilization and adjustment policies and to adjustment with equity.

Suggested Citation

  • Balassa, Bela, 1989. "A conceptual framework for adjustment policies," Policy Research Working Paper Series 139, The World Bank.
    • Handle: RePEc:wbk:wbrwps:139
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    Cited by:

    1. Tarp, Finn, 1994. "De makroøkonomiske reformer i teoretisk belysning [Macroeconomic Reforms in Theoretical Context]," MPRA Paper 64206, University Library of Munich, Germany.

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