Economic Adjustment and Reform in Low-Income Countries (ESAF Review Background Papers)

June 30, 1999

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Susan M Schadler, and Hugh Bredenkamp. Economic Adjustment and Reform in Low-Income Countries (ESAF Review Background Papers), (USA: International Monetary Fund, 1999) accessed November 21, 2024

Summary

The Enhanced Structural Adjustment Facility (ESAF) is the cenerpiece of the International Monetary Fund's strategy to provide assistance on concessional terms to low-income member countries that are undertaking important macroeconomic adjustment and stuctural reforms. By February 1999, a total of SDR 7 billion (about US$9 billion) had been distributed under 79 ESAF arrangements to 51 developing countries. Edited by Hugh Bredenkamp and Susan Schadler, this volume features internal IMF staff assessments of the ESAF and provides an historical account of policies implemented and outcomes achieved under ESAF- supported programs.

Subject: Banking, Commercial banks, Economic sectors, Financial institutions, Fiscal policy, Fiscal stance, Inflation, Prices, Public enterprises, Public sector

Keywords: Africa, Asia and Pacific, BOOK, Commercial banks, Country, ESAF arrangement, ESAF country, ESAF user, ESAF-supported program, Fiscal stance, Inflation, Policy reaction function, Public enterprises, Public sector, Sub-Saharan Africa, West Africa, Western Hemisphere

Publication Details

Pages:

291
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Books
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EARLEA0000000
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