Economic Adjustment in Low-Income Countries: Experience Under the Enhanced Structural Adjustment Facility by F. Rozwadowski

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Economic Adjustment in Low-Income Countries: Experience Under the Enhanced Structural Adjustment Facility

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.

Publisher: International Monetary Fund ISBN: 9781452707600 Pages: 54