TY  - BOOK
ED  - World Bank.
TI  - Adjustment in Africa: reforms, results, and the road ahead 
SN  - 019520994X
AV  - HC800 .A55258 1994
U1  - 338.967 
PY  - 1994///
CY  - New York, N.Y.
PB  - Oxford University Press
KW  - Structural adjustment (Economic policy)
KW  - Economics
KW  - Africa
N1  - "Published for the World Bank."; Includes bibliographical references (p. 275-284)
N2  - To reverse the economic decline that began in the 1970s, many sub-Saharan African countries have undertaken efforts to restructure their economies. This has included liberalizing trade, deregulating markets and prices, privatizing public enterprises, and strengthening management of the financial and public sectors. Implementation has been uneven in different countries, and even those countries that have attempted major reforms have not achieved poicies that are considered sound by international standards. A key finding of this book is that improving policies paid off in higher GDR and sectoral growth rates, which are vital to reducing poverty; but in countries where policies deteriorated, economic performance worsened.; Despite the importance of reforming economic policies, it is not enough, and countries need to invest more in human capital and infrastructure, expand their institutional capacity and develop better governance.
UR  - http://www.loc.gov/catdir/enhancements/fy0604/93047887-d.html
UR  - http://www.loc.gov/catdir/enhancements/fy0604/93047887-t.html
ER  -