Download or read book Lesotho s Economic Policy and Performance Under the Structural Adjustment Program written by Lennart Petersson and published by . This book was released on 1990 with total page 51 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Lesotho s Structural Adjustment Programs and Economic Performance written by Lennart Petersson and published by . This book was released on 1991 with total page 46 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book In the Shadow of South Africa written by Mats Lundahl and published by Ashgate Publishing. This book was released on 2003 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lesotho is a resource-poor mountainous country that has relied heavily upon South Africa for many years. As the 21st century gets under way the country has fewer economic possibilities and its larger neighbour has less to offer. This text analyzes the changes taking place.
Download or read book Structural Adjustment in Lesotho written by R. Quentin Grafton and published by Department of Economics, University of Ottawa = Dép. de science économique, Université d'Ottawa. This book was released on 1995 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Our Continent Our Future written by P. Thandika Mkandawire and published by IDRC. This book was released on 2014-05-14 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Our Continent, Our Future presents the emerging African perspective on this complex issue. The authors use as background their own extensive experience and a collection of 30 individual studies, 25 of which were from African economists, to summarize this African perspective and articulate a path for the future. They underscore the need to be sensitive to each country's unique history and current condition. They argue for a broader policy agenda and for a much more active role for the state within what is largely a market economy. Finally, they stress that Africa must, and can, compete in an increasingly globalized world and, perhaps most importantly, that Africans must assume the leading role in defining the continent's development agenda.
Download or read book Kingdom of Lesotho written by International Monetary Fund and published by International Monetary Fund. This book was released on 2010-07-21 with total page 87 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lesotho’s fiscal and external balances have deteriorated as a result of the global economic downturn and a surge in spending. Undertaking key fiscal adjustments to restore macroeconomic stability is necessary for raising Lesotho’s growth potential. Executive Directors commend the measures taken in the budget to reduce expenditure. Further strengthening of debt management and accelerating structural reforms is crucial for raising Lesotho’s growth potential. Strengthening the institutional and regulatory framework for banks and non-bank financial institutions (NBFIs) will help to support financial sector health and stability.
Download or read book Lesotho Ex Post Assessment of Longer Term Program Engagement written by International Monetary Fund and published by INTERNATIONAL MONETARY FUND. This book was released on 2004-12-03 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper presents Ex Post Assessment of Longer-Term Program Engagement for Lesotho. The paper reviews the experience of the IMF's engagement in Lesotho during the period 1991-2004, and briefly presents economic developments prior to these arrangements. It reviews performance under IMF-supported programs and analyzes the main factors accounting for that performance. The paper draws lessons from these program experiences and considers the main challenges facing Lesotho. The role that the IMF can play in helping the authorities to meet those challenges is also examined.
Download or read book Adjustment External Shocks and Poverty in Lesotho written by Paul A. Dorosh and published by . This book was released on 1994 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Lesotho Fourth Review Under the Poverty Reduction and Growth Facility Arrangement and Request for Waiver of Performance Criteria Staff Report Press Release on the Executive Board Discussion and Statement by the Executive Director for Lesotho written by International Monetary Fund and published by International Monetary Fund. This book was released on 2003-06-19 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper assesses Lesotho’s Fourth Review Under the Poverty Reduction and Growth Facility Arrangement and Request for Waiver of Performance Criteria. Lesotho’s economic program was broadly on track through December 2002, but large fiscal slippages emerged by end-March 2003. IMF staff welcomes the government’s strong commitment to its economic program and recommends completion of the fourth review. It supports a waiver for the nonobserved quantitative performance criterion because of the actions taken by the government to reduce nonessential spending in 2002/03 and because of its commitment to implement sustainable fiscal policies in the medium term.
Download or read book Lesotho written by International Monetary Fund and published by International Monetary Fund. This book was released on 2004-02-05 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: Lesotho's economy has continued to perform well under the Poverty Reduction and Growth Facility (PRGF) arrangement despite adverse weather conditions and the regional food shortage. Executive Directors welcomed the strategy to achieve higher and sustainable economic growth, reduce poverty, and improve social conditions by creating private sector developments and labor-intensive industries. They appreciated the monetary and fiscal policies, the integration of PRGF objectives with the budget, and the improvement in the tax system. They emphasized the need to accelerate structural reforms and supported the Anti-Corruption Unit.
Download or read book Kingdom of Lesotho written by International Monetary Fund and published by International Monetary Fund. This book was released on 2006-04-27 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Poverty Reduction Strategy Paper for the Kingdom of Lesotho presents a determined plan in pursuance of high and sustainable equity-based economic growth. It contains medium-term objectives and strategies to address the major challenges facing the country. These challenges include employment creation and income generation, and improving quality of and access to education and health services. Lesotho plans to deal boldly with its trading and investment partners by exploiting the opportunities inherent in the process of globalization under such mechanisms as the Africa Growth and Opportunities Act.
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 Adjustment in Africa written by and published by . This book was released on 1994 with total page 44 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Fiscal Policy and Long Term Growth written by International Monetary Fund and published by International Monetary Fund. This book was released on 2015-04-20 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper explores how fiscal policy can affect medium- to long-term growth. It identifies the main channels through which fiscal policy can influence growth and distills practical lessons for policymakers. The particular mix of policy measures, however, will depend on country-specific conditions, capacities, and preferences. The paper draws on the Fund’s extensive technical assistance on fiscal reforms as well as several analytical studies, including a novel approach for country studies, a statistical analysis of growth accelerations following fiscal reforms, and simulations of an endogenous growth model.
Download or read book IMF Supported Programs written by Mr.Ashoka Mody and published by International Monetary Fund. This book was released on 2006-04-03 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research work by the IMF’s staff on the effectiveness of the country programs the organization supports, which has long been carried out, has intensified in recent years. IMF analysts have sought to “open up the black box” by more closely examining program design and implementation, as well as how these influence programs’ effectiveness. Their efforts have also focused on identifying the lending, signaling, and monitoring features of the IMF that may affect member countries’ economic performance. This book reports on a large portion of both the new and the continuing research. It concludes that IMF programs work best where domestic politics and institutions permit the timely implementation of the necessary measures and when a country is vulnerable to, but not yet in, a crisis. It points to the need for a wider recognition of the substantial diversity among IMF member countries and for programs to be tailored accordingly while broadly maintaining the IMF’s general principle of uniformity of treatment.
Download or read book Assessing Aid written by and published by World Bank Publications. This book was released on 1998 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Assessing Aid determines that the effectiveness of aid is not decided by the amount received but rather the institutional and policy environment into which it is accepted. It examines how development assistance can be more effective at reducing global poverty and gives five mainrecommendations for making aid more effective: targeting financial aid to poor countries with good policies and strong economic management; providing policy-based aid to demonstrated reformers; using simpler instruments to transfer resources to countries with sound management; focusing projects oncreating and transmitting knowledge and capacity; and rethinking the internal incentives of aid agencies.
