Colombia: Economic Adjustment and the Poor

ByClaire Liuksila

August 1, 1991

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

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:
https://doi.org/10.5089/9781451954999.001
Issue:
081
Series:
Working Paper No. 1991/081
Stock No:
WPIEA0811991
ISBN:
9781451954999
ISSN:
1018-5941

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