Download or read book Economic Adjustment and Reform in Low Income Countries ESAF Review Background Papers written by Hugh Bredenkamp and published by International Monetary Fund. This book was released on 1999-06-30 with total page 300 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Enhanced Structural Adjustment Facility (ESAF) is the cenerpiece of the International Monetary Fund's strategy to provide assistance on concessional terms to low-income member countries that are undertaking important macroeconomic adjustment and stuctural reforms. By February 1999, a total of SDR 7 billion (about US$9 billion) had been distributed under 79 ESAF arrangements to 51 developing countries. Edited by Hugh Bredenkamp and Susan Schadler, this volume features internal IMF staff assessments of the ESAF and provides an historical account of policies implemented and outcomes achieved under ESAF- supported programs.
Download or read book Economic Adjustment in Low income Countries written by Susan Schadler and published by . This book was released on 1993 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper evaluates progress made under ESAF-supported programs in attaining external viability, restoring economic growth, and implementing structural reforms. Performance is evaluated for 19 countries that entered ESAF arrangements by mid-1992, against the background of their initial conditions, external environment, and implementation of structural and macroeconomic policies.
Download or read book The ESAF at Ten Years written by International Monetary Fund and published by International Monetary Fund. This book was released on 1998-02-12 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 of 1994, 36 countries had availed themselves of these facilities, in support of 68 multi-year programs. This study summarizes the findings of a review of the experience under these programs and of economic developments in the countries that undertook them.
Download or read book ECONOMIC ADJUSTMENT IN LOW INCOME COUNTRIES written by Susan Schadler and published by . This book was released on 1993 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Adaptive Economy written by Tony Killick and published by World Bank Publications. This book was released on 1993-01-01 with total page 422 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the relationship between economic adaptation and long-run development, with particluar emphasis on small, low- income economies. It also examines what makes for flexibility within an economy and how policy can affect an economy's ability to adapt to conditions over which it has no control. The premise is that all economies need to adapt to changing circumstances in order to achieve a reasonable pace of development. The author explains the forces to which economies need to respond, the attributes that increase an economy's capacity to adjust, the difficulties of adjustment, and what policy can do to facilitate adjustment. The author illustrates structure and flexibility within an economy and offers a guide to forming policy. Specific policy options are examined, among them using exchange rate fluctuations. The roles of government and markets in setting adjustment policies for industry, agriculture, and finance are explored. The study draws upon a wide range of material and avoids a narrowly economic point of view. The book is intended for use by economists working for or advising government agencies and for teachers and students of development economics. It includes an extensive reference list.
Download or read book The Adaptive Economy written by Tony Killick and published by . This book was released on 1993 with total page 309 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Fiscal Dimensions of Adjustment in Low income Countries written by Karim A. Nashashibi and published by . This book was released on 1992 with total page 59 pages. Available in PDF, EPUB and Kindle. Book excerpt: A strengthened fiscal position is at the core of most economic adjustment programs supported by IMF lending, especially for the poorer countries that draw on the IMF's structural adjustment facilities. This paper reviews developments in 23 countries and evaluates their experience with fiscal and structural adjustment, including their efforts to design social safety nets to cushion the effects of adjustment.
Download or read book The Economics of Adjustment and Growth written by Pierre-Richard Agénor and published by La Editorial, UPR. This book was released on 2004-09-30 with total page 794 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a systematic and coherent framework for understanding the interactions between the micro and macro dimensions of economic adjustment policies; that is, it explores short-run macroeconomic management and structural adjustment policies aimed at promoting economic growth. It emphasizes the importance of structural microeconomic characteristics in the transmission of policy shocks and the response of the economy to adjustment policies. It has particular relevance to the economics of developing countries. The book is directed to economists interested in an overview of the economics of reform; economists in international organizations, such as the UN, the IMF, and the World Bank, dealing with development; and economists in developing countries. It is also a text for advanced undergraduate students pursuing a degree in economic policy and management and students in political science and public policy.
Download or read book The Economic Impact of IMF Supported Programs in Low Income Countries written by Yasemin Bal-Gunduz and published by International Monetary Fund. This book was released on 2013-10-04 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper aims to assess the economic impact of the IMF’s support through its facilities for low-income countries. It relies on two complementary econometric analyses: the first investigates the longer-term impact of IMF engagement—primarily through successive medium-term programs under the Extended Credit Facility and its predecessors (and more recently the Policy Support Instrument)—on economic growth and a range of other indicators and socioeconomic outcomes; the second focuses on the role of IMF shock-related financing—through augmentations of Extended Credit Facility arrangements and short-term and emergency financing instruments—on short-term macroeconomic performance.
Download or read book The Politics of Economic Adjustment written by Stephan Haggard and published by Princeton University Press. This book was released on 2018-06-05 with total page 371 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the 1980s some developing countries adopted orthodox market-oriented policies in response to international economic crises, others experimented with alternative programs, and still others failed to develop coherent adjustment strategies of any sort. Building on the case studies in Economic Crisis and Policy Choice, these essays offer comparative analysis of these divergent experiences with macroeconomic stabilization and structural adjustment. Barbara Stallings and Miles Kahler explore the external pressures on governments. Peter Evans and John Waterbury examine the role of the state in the adjustment process, Evans through the lens of earlier historical experience with economic restructuring, Waterbury by focusing on the politics of privatization. Joan Nelson analyzes the politics of income distribution in the adjustment process, and Haggard and Kaufman investigate the political correlates of inflation and stabilization. A final essay assesses the prospects for combining market-oriented reforms with political democratization.
Download or read book IMF Supported Programs and Income Convergence in Low Income Countries written by Tejesh Pradhan and published by International Monetary Fund. This book was released on 2018-12-13 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: Continuing the empirical debate on the effects of IMF-supported programs on participating countries’ macroeconomic performance, we focus on the issue of whether these programs accelerate conditional ß-convergence among low-income countries (LICs). We use an unbalanced panel dataset for 85 LICs over the period 1986-2015 and employ two different econometric methods to address the selection bias problem. Our empirical results suggest that the rate of conditional income per capita convergence is faster among LICs with extended IMF support than that in countries without support or with intermittent support.
Download or read book The Adaptive Economy written by Tony Killick and published by . This book was released on 1993 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Adjustment Crisis in the Third World written by Richard E. Feinberg and published by Transaction Publishers. This book was released on 1984-01-01 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fragile Coalitions written by Joan M. Nelson and published by Transaction Publishers. This book was released on 1989-01-01 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Economic reform by Third World governments is usually portrayed as the product of outside pressure, especially from the International Monetary Fund (IMF) and World Bank. This welcome collection provides an important counter-perspective by putting domestic politics at center stage. Miles Kahler demonstrates that international institutions only rarely play an important role."--Orbis' "Joan Nelson and her collaborators have performed a valuable service for those concerned about the politics of reform by bringing together a series of informed and insightful essays that address clearly and concisely the difficult political dilemmas of economic adjustment."--Merilee S. Grindle,Economic Development and Cultural Change
Download or read book The Social Effects of Economic Adjustment on Arab Countries written by Taher Hamdi Kanaan and published by International Monetary Fund. This book was released on 1997-04-11 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers presented in this volume edited by Taher H. Kanaan - the eighth in a series of seminars sponsored by the Arab Fund for Economic and Social Development, the Arab Monetary Fund, the IMF, and the World Bank - explore the relationship between economic reforms, growth, employment, and social sector performance. Topics discussed include the political and social dimensions of policies privatization in the social sectors, social safety nets, poverty and the poor, and women, poverty, and population growth.
Download or read book The Alleviation of Poverty Under Structural Adjustment written by Lionel Demery and published by World Bank Publications. This book was released on 1987-01-01 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study has identified a number of examples in which concerns about the alleviation of poverty have been given some practical expression in adjustment programs. Because most of these examples are of very recent origin, it is difficult to assess how effective they have been in helping the poor. First, one striking feature of the illustrations compiled is that they are invariably orderly or planned structural adjustment programs that have often been implemented with Bank assistance (Bolivia, Cote d'Ivoire, The Gambia, Indonesia, Jamaica, and Thailand). Second, income distributions will inevitably change during adjustment. These changes are the principal incentives for resource reallocation, and without them the objectives of adjustment will not be realized. Third, the study highlights the advantages of interventions that increase the primary income claims of the poor. Finally, adjustment can act as a catalyst for policymakers to examine carefully the costs and benefits of their programs for the poor.
Download or read book Debt Adjustment and Poverty in Developing Countries The impact of debt and adjustment at the household level in developing countries written by David Woodward and published by Burns & Oates. This book was released on 1992 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt: Commissioned by the internationally acclaimed Save the Children Fund, this is a study of debt crisis and economic adjustment, and of their implications for poverty in developing countries. It is divided into two volumes. The first volume considers the issues at the national and international levels, covering: problems in the adjustment process; the effectiveness of the current approach to adjustment; and the links between debt, adjustment and the international economic and financial system.
