Adjustment and Poverty

Frances Stewart is Director of the International Development Centre, Queen Elizabeth House, Oxford. She was Special Adviser on Adjustment Policies to UNICEF and is a Council member of the United Nations University. She has published widely on a range of development topics and is recognised as a leading authority on this subject.

• Preface 1 Introduction 2 The impact of macro-adjustment policies on the incomes of the poor—a review of alternative approaches 3 Meso-policy choices and the poor 4 Food subsidies: two errors of targeting 5 Adjustment and social funds: political panacea or effective poverty reduction? 6 Structural adjustment policies and the poor in Africa: an analysis of the 1980s 7 The Latin American and Caribbean story 8 Conclusions