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Title Has Recovery Begun? Africa's Adjustment in the 1980's Revisited
Date 1993
Author(s) Weeks, John; Mosley, Paul
Abstract This article reviews the 1989 debate between the World Bank and the Economic Commission for Africa over Africa's adjustment, and on the basis of most recent statistics concludes that there is little evidence that the region is in throes of a recovery. Some countries, however, did relatively better than others in the 1980s, and an attempt is made to account for differences in performance. It is concluded that success in adjustment results not from World Bank/International Monetary Fund programs as such, but rather from "policy coherence," accompanied by "healthy" movement in key variables, namely the real exchange rate and public development expenditure.
Subject(s) Department of Development Studies
Publisher Elsevier
Relation http://eprints.soas.ac.uk/6539/
Type of publication Articles; PeerReviewed
Identifier Weeks, John and Mosley, Paul (1993) 'Has Recovery Begun? Africa's Adjustment in the 1980's Revisited.' World Development, 21 (10). pp. 1583-1606.
Repository London - SOAS, University of London
Added to C-A: 2014-02-27;14:11:51