Annex 2A


 countries on world market prices of export commodities, imperfect market
 information.

Many goods are likely to be subject to more than one of the factors mentioned above. All
these factors, taken together, imply that the prices of most goods behave in a way _which.falls
somewhere in between the extreme cases of tradable and non-tradable goods.



References:

1. FAO, A Model for Structural Adjustment The Salter Swan Model Introductory
 Seminar on Food and Agriculture Policy Analysis (Morogoro May 1990), Training
 Paper No. 2, October 1989.

2. Woodward, D., Debt, Adjustment and Poverty in Developing Countries, Vol. II, Save the
 Children, London 1992.

3. World Bank, Making Adjustment Work for the Poor, A Framework for Policy Reform in
 Africa, Washington D.C. 1990.


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