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Issues in Coordination of Fiscal Policies: On the road to effective global demand management

Issues in Coordination of Fiscal Policies: On the road to effective global demand management »

Article

Source: Finance & Development, December 1988

Volume/Issue: 25/4

Series: Finance & Development

Author(s): International Monetary Fund. External Relations Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 1988

ISBN: 9781616353759

Keywords: adjustment programs, structural adjustment, external shocks, aggregate demand, process of adjustment

This paper describes the effect of IMF-supported adjustment programs on the poor. The paper highlights that IMF-supported adjustment programs have often been misunderstood and have been criticized for seeking exces...