Journal article icon

Journal article

The IMF's Role in Structural Adjustment.

Abstract:

In the 1980s conditional lending for structural adjustment in developing countries moved the IMF beyond its role of macroeconomic crisis management. Fund-supported adjustment programmes have often been flawed by a lack of distributional analysis and by poor sequencing of reforms, notably premature financial liberalisation. As a result they have caused avoidable hardship. In addition, the attempt to taper out aid as part of the reform programme leads to avoidable reductions in post-stabilisati...

Expand abstract

Actions


Authors


Paul Collier More by this author
Jan Willem Gunning More by this author
Journal:
Economic Journal
Volume:
109
Publication date:
1999
URN:
uuid:44232c10-5f2c-4b25-b3ba-cd63d6d17fb7
Local pid:
oai:economics.ouls.ox.ac.uk:10506
Language:
English

Terms of use


Metrics



If you are the owner of this record, you can report an update to it here: Report update to this record

TO TOP