ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Economic Reform and Its Impact on Poor

This paper attempts to study the impact of the economic reform measures on the poor by looking at (i) the effect of these measures on income and consumption in agriculture and the informal small industry sector, (ii) the performance of safety net programmes to protect the 'new poor' exposed to the adverse impact of reform in the short run, (iii) the direct and indirect effects of the government's social service and human development programmes in the preand post-reform periods, and (iv) the employment picture of the country in the post-reform period. The results of the study are mixed, but in general they show that the social costs of reform, while they may have been low as compared to those in many other developing countries, are nevertheless high enough to demand a corrective course.

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