## Guyana: Experience with Macroeconomic Stabilization and Structural Adjustment and Poverty Reduction

_IMF Special Issues, March 19, 2003_

## Source details

**Canonical URL:** [Guyana: Experience with Macroeconomic Stabilization and Structural Adjustment and Poverty Reduction](https://www.imf.org/en/publications/imf-special-issues/issues/2016/12/30/guyana-experience-with-macroeconomic-stabilization-and-structural-adjustment-and-poverty-15983)

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## Bibliographic details
- Authors: Ethan Weisman, Ebrima A Faal, Philippe Egoume Bossogo, Raj Nallari
- Published: March 19, 2003
- Series: IMF Special Issues
- DOI: https://doi.org/10.5089/9781589061910.058

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### Overview and timeframe
- Title: Guyana: Experience with Macroeconomic Stabilization and Structural Adjustment and Poverty Reduction
- Authors: Ethan Weisman, Ebrima A Faal, Philippe Egoume Bossogo, Raj Nallari
- Publication date: March 19, 2003
- Coverage period analyzed: 1989 to 2000
- DOI: https://doi.org/10.5089/9781589061910.058
- ISBN: 9781589061910
- Stock No: ISIEA2003001
- Pages: 0

### Key findings and outcomes (1989–2000)
- Guyana transitioned from a state-controlled to a market economy.
- Stability was restored.
- Growth recovered markedly.
- Poverty declined as a result of:
  - strong macroeconomic policies, and
  - wide-ranging structural reforms.

### Risks, challenges, and prerequisites for sustained progress
- The success of the poverty reduction strategy hinges on:
  - the implementation of sound macroeconomic policies,
  - further lowering of the country’s external debt burden,
  - acceleration of the restructuring of institutions and the economy,
  - a stable political environment.

### Subject classification
- Economic sectors
- Financial crises

*Source: Guyana: Experience with Macroeconomic Stabilization and Structural Adjustment and Poverty Reduction, Ethan Weisman, Ebrima A Faal, Philippe Egoume Bossogo, Raj Nallari, March 19, 2003; DOI: https://doi.org/10.5089/9781589061910.058*

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_Source: https://www.imf.org/en/publications/imf-special-issues/issues/2016/12/30/guyana-experience-with-macroeconomic-stabilization-and-structural-adjustment-and-poverty-15983_