Colombia: Economic Adjustment and the Poor
August 1, 1991
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Summary
This paper assesses the impact on the poor of the macroeconomic adjustment program undertaken in 1985-86. It finds that program-induced changes in production, employment, and real incomes have benefited the poor, while the adverse impact of program-induced price changes was modest and was largely cushioned by government policies. The paper describes the dimensions of poverty in Colombia, surveys government programs to alleviate poverty, and reviews the factors contributing to the improvement in the income distribution in recent years.
Subject: Consumer price indexes, Imports, Income, International trade, Labor, Minimum wages, National accounts, Prices, Wages
Keywords: absolute poverty, Caribbean, coffee export revenue, Consumer price indexes, earnings of the poor, Imports, Income, income quintile, income survey, incomes of the poor, low income, minimum wage, Minimum wages, poverty line, price, price effect, real wage, wage, wage bill, Wages, wages in agriculture, world coffee price, WP
Pages:
47
Volume:
1991
DOI:
Issue:
081
Series:
Working Paper No. 1991/081
Stock No:
WPIEA0811991
ISBN:
9781451954999
ISSN:
1018-5941
