Market transitions and the poor: new coalitions for economic reform? -- From emergency employment to social investment: politics, adjustment, and poverty in Chile -- The politics of protecting the poor during adjustment: Bolivia's emergency social fund -- The politics of reform without a safety...

This paper examines the relationship between macroeconomic stabilization and market-oriented reform in planned economies. It emphasizes that market-oriented reform should enhance the likelihood that adjustment to exogenous disturbances will involve genuine adjustment in the sense of actually...

For over 10 years, the IMF has supported adjustment and reform programs in many of its low-income members through two facilities established specifically for that purpose - the Enhanced Structural Adjustment Facility (ESAF) and its precursor the Structural Adjustment Facility (SAF). By the end...