Structural and sectoral adjustment: World Bank experience, 1980-92.
By: Jayarajah, Carl; Branson, William.
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This study analyzes the outcomes of 99 loans to 42 countries over the period 1980-92. It evaluates and compares individual country experiences and assesses the quality of advice, the design of policy reform, and the results achieved, identifies the successes and the shortcomings of adjustment programs, and the reasons of these outcomes, and deals with practical concerns pertaining to adjustment lending.
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