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Title Assessing Adjustment in Africa
Date 1995
Author(s) Weeks, John; Mosley, Paul; Subasat, Turan
Abstract In 1994 the World Bank issued a report on structural adjustment, Adjustment in Africa, in which it was argued that orthodox macroeconomic management represented the road to economic recovery for the sub-Saharan countries. This article demonstrates that with its heavy emphasis upon macroeconomic policy, Bank policy shifts from structural adjustment to stabilization. Second, the statistical evidence presented by the Bank is analyzed and shown to be neither convincing nor internally consistent. Finally, an alternative approach to adjustment/stabilization is proposed and subjected to statistical testing
Subject(s) Department of Development Studies
Publisher Elsevier
Relation http://eprints.soas.ac.uk/6541/
Type of publication Articles; PeerReviewed
Identifier Weeks, John and Mosley, Paul and Subasat, Turan (1995) 'Assessing Adjustment in Africa.' World Development, 23 (9). pp. 1459-1473.
Repository London - SOAS, University of London
Added to C-A: 2014-02-27;14:11:51