Titlebook: Do World Bank and IMF Policies Work?; Shahrukh Rafi Khan Book 1999 Palgrave Macmillan, a division of Macmillan Publishers Limited 1999 Dev

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Transformative Citizenship in South Korean the exchange rate when confronted with low foreign exchange reserves, or when the value of the dollar has appreciated substantially in relation to other currencies. The obvious question is whether the evidence supports such policy action. The answer is that the evidence is decidedly mixed.

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Structural Adjustment, Labour and the Poor deficit through suitable demand management policies and by specific reforms aimed at cutting expenditures and increasing revenues. Curtailing expenditure invariably translates into cuts in subsidies and in expenditure on social sectors. Both these measures are easier to undertake than, say, a substantial reduction in military expenditure.