000 01964cam a2200313 a 4500
008 931201s1994 nyua b 000 0 eng
020 _a019520994X
020 _a9780195209945
040 _aDLC
_cDLC
050 0 0 _aHC800
_b.A55258 1994
082 0 0 _a338.967
_bWOR
245 0 0 _aAdjustment in Africa :
_breforms, results, and the road ahead /
260 _aNew York, N.Y. :
_bOxford University Press,
_cc1994.
300 _axix, 284 p. :
440 2 _aA World Bank policy research report,
500 _a"Published for the World Bank."
504 _aIncludes bibliographical references (p. 275-284).
520 _aTo 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.
590 _aoif 20/07/16, ijb 06/02/2019
591 _aLoans
650 0 _aStructural adjustment (Economic policy)
650 0 _aEconomics
651 _aAfrica
710 2 _aWorld Bank.
856 4 2 _uhttp://www.loc.gov/catdir/enhancements/fy0604/93047887-d.html
856 4 1 _uhttp://www.loc.gov/catdir/enhancements/fy0604/93047887-t.html
942 _2ddc
_cBOOK
949 _a338.967 WOR
999 _c4026
_d4026