Adjustment and Distribution: The Indian Experience
Mundle, Sudipto; Tulasidhar, V B | June 1998
Abstract
This paper attempts to assess the distributive impact of the economic adjustment program in India. It begins by discussing the analytical complexi¬ties of disentangling the impact of reforms from that of other autonomous de-velopments in the economy It then goes on to isolate and analv/e the main cause-effect linkages between adjustment and distribution.
I'he paper points out that there has been a distinct increase in poverty incidence in the post-adjustment period, but that this cannot be automatically attributed to adjustment. The natural growth of the workforce, combined with the slowdown in growth on account of stabilization, led to some increase in unemployment However, the paper argues that this alone could not account for the increase in poverty incidence. The latter is mainly attributable to a sharp increase in administered food prices, a political decision which had little to do with reforms.
Citation
Mundle, Sudipto; Tulasidhar, V B. 1998. Adjustment and Distribution: The Indian Experience. © Asian Development Bank. http://hdl.handle.net/11540/3160. License: CC BY 3.0 IGO.ISSN
0117-5492
Keywords
Economic Crisis
Economic Efficiency
Economic Policies
Regional Economic Development
Job Evaluation
Evaluation
Price stabilization
Food prices
Price policy
Crisis
Unemployment
Economic cooperation
Gross domestic product
Employment
Economic forecast
Open price system
Price fixing
Price regulation
Consumer price indexes
Financial crisis
Labor economics
Regional economics
Turnover
Economic survey
Job analysis
Labor turnover
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Citable URI
http://hdl.handle.net/11540/3160Metadata
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