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Structural Adjustment and Sustainable Development

Lopez, Ramon

This paper provides empirical evidence showing that the crowding out phenomenon is indeed relevant for most developing countries and evidence suggesting that under investment in public goods is in many countries a major distortion that at least in part explains the triple curse affecting the vast majority of the developing countries over recent decades: Slow growth, massive social inequities and poverty, and environmental destruction.

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Academic Units
Initiative for Policy Dialogue
Publisher
Initiative for Policy Dialogue
Series
Initiative for Policy Dialogue Working Paper Series
Published Here
February 2, 2010

Notes

The opinions expressed in these papers represent those of the author(s) and not The Initiative for Policy Dialogue. These papers are unpublished and have not been peer reviewed. Please do not cite without explicit permission from the author(s).

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