Abstract
The 1980s was a decade of adjustment for much of the Third World. At an early stage UNICEF drew attention to the serious human costs of the recession, and subsequently to the impact of stabilisation and adjustment measures on vulnerable groups and the need for special policies to counter these costs (Jolly and Cornia, 1984; Cornia, Jolly and Stewart, 1987). In the latter half of the decade, there were, apparently, very major changes in the international financial institutions in these matters — in their recognition of the social costs of adjustment and of the need for changes in policies.
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NOTES
World Bank Policy is to place greater reliance on user charges to raise revenue for the health service. See World Bank, 1987, ‘Financing Health Care: An Agenda for Reform’, Washington, D.C.: World Bank.
ABC Albanez et al., 1989. The countries are Barbados, parts of Brazil, Chile, Colombia, Dominican Republic, El Salvador, Surinam and Mexico.
Information from this section is derived from World Bank, 1990c; Ravallion and Huppi 1989, 1990; Asian Development Bank, 1990; van der Gaag, Makonnen and Englebert, 1990.
Wor1d Bank, 1989a. The report concludes, somewhat puzzlingly, ‘the actual impact of this on the poor is difficult to estimate’.
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© 1992 Palgrave Macmillan, a division of Macmillan Publishers Limited
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Stewart, F. (1992). The Many Faces of Adjustment. In: Mosley, P. (eds) Development Finance and Policy Reform. International Political Economy Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-22219-3_9
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DOI: https://doi.org/10.1007/978-1-349-22219-3_9
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