Structural Adjustment, Growth and Poverty in Madagascar: A CGE Analysis

摘要

The effects of stabilization and structural adjustment on the poor are thesubject of a great deal of debate. The study uses model simulations to attempt to isolate the effects and/or interactions of specific policies adopted by the Government of Madagascar during the 1980's and/or exogenous factors on economic indicators (such as GDP, consumption, imports and exports, sectoral production, and household income), with an emphasis on the impacts on lower income households. The simulations are used to analyze current policy options as well. Each of the 14 simulations presented models a period of 3-6 years; for each simulation, a different variable is altered, and the results are compared to a base run in which key variables are held constant.