Stabilization and Structural Adjustment: Macroeconomic Frameworks for Analysing the Crisis in Sub-Saharan Africa

by Tarp; Finn

• ISBN13: 9780415081801
• ISBN10: 0415081807
• eBook ISBN(s): 9781134891979
• Edition: 1st
• Format: Nonspecific Binding
• Copyright: 1994-11-29
• Publisher: Routledge
• More Book Details

Summary

During the 1980s most of the economies of Africa went into a sharp decline. Faced with the realization that their existing economic policies and structures were not sustainable, many governments dramatically re-oriented their economies. Frequently this process was actively sponsored by the World Bank and the IMF, and this book examines the macroeconomic basis for World Bank and IMF programs. Exploring both these and alternative models, Finn Tarp provides a much needed overview of the macroeconomic dimensions of the current economic crisis in Africa.

Table of Contents

Acknowledgements

Preface

Introduction

Macroeconomics of Africa

Macroeconomic Consistency and Adjustment Policies

Financial Programming and Stabilization

Growth Programming and Adjustment

Growth Oriented Adjustment - An IMF/World Bank Synthesis?

Alternative Approaches

Conclusions

Bibliography

Index

Table of Contents provided by Publisher. All Rights Reserved.