Economic Adjustment in Low-Income Countries: Experience Under the Enhanced Structural Adjustment Facility

Occasional Papers, June 16, 1993

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Canonical URL: Economic Adjustment in Low-Income Countries: Experience Under the Enhanced Structural Adjustment Facility

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Bibliographic details

Authors: F. Rozwadowski, Siddharth Tiwari, David Robinson, Susan M Schadler
Published: June 16, 1993
Series: Occasional Papers
DOI: https://doi.org/10.5089/9781557753366.084

Scope and purpose

Evaluates progress under ESAF-supported programs in:
- attaining external viability
- restoring economic growth
- implementing structural reforms
Performance evaluated for 19 countries that entered ESAF arrangements by mid-1992.
Evaluation set against countries' initial conditions, external environment, and implementation of structural and macroeconomic policies.

Main themes and substantive focus

External viability and balance of payments outcomes
Debt burden and debt service ratios
Current account performance and exports
External debt and foreign exchange management
Structural reforms in public enterprises and the public sector
Sectoral performance across economic sectors and international trade

Geographic and topical coverage

Regions and keywords associated with the study:
- Africa, Sub-Saharan Africa, Southern Africa, West Africa
- Caribbean, Eastern Europe
- ESAF, ESAF arrangement, ESAF country, ESAF period, ESAF program, ESAF-supported program
- Public enterprises, Public sector, Exports, Terms of trade

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International Monetary Fund. Economic Adjustment in Low-Income Countries: Experience Under the Enhanced Structural Adjustment Facility, Occasional Paper No. 1993/007 (1993).