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Adjustment and Equity adjustment period adjustment policies aggravation of poverty agricultural exports anticipated adjustment average income avoid budget deficit capita Chile Christian Morrisson compensation costs of adjustment Cote d'lvoire countries that adjusted debt despite devaluation developing countries donor countries Ecuador effects eliminated example exchange rate external factors favourable finance financial crisis foreign loans formal sector franc zone free meals French franc households I0 per cent imbalances impact increase Indonesia and Malaysia informal sector employment less medium farmers modern sector non-agricultural sector number of unemployed OECD Development Centre operating expenditure parapublic enterprises parapublic sector poor population possible postpone adjustment privatisation protectionism public investment public servants public service wages real wages reduction in public reform rural areas situation small and medium small farmers social consequences social expenditure stabilization measures stabilization programme standard of living structural adjustment loan subsidies substantial terms of trade transfers trend urban labour supply World Bank