Economic Adjustment in Low-Income Countries: Experience Under the Enhanced Structural Adjustment Facility
June 16, 1993
More Formats on IMF eLibrary
Order a Print CopySummary
This paper evaluates progress made under ESAF-supported programs in attaining external viability, restoring economic growth, and implementing structural reforms. Performance is evaluated for 19 countries that entered ESAF arrangements by mid-1992, against the background of their initial conditions, external environment, and implementation of structural and macroeconomic policies.
Subject: Balance of payments, Current account, Debt burden, Debt service ratios, Economic sectors, Exports, External debt, Foreign exchange, International trade, Public enterprises, Public sector
Keywords: Africa, Caribbean, Current account, Debt burden, Debt service ratios, Eastern Europe, ESAF, ESAF arrangement, ESAF country, ESAF period, ESAF program, ESAF-supported program, Exports, OP, Public enterprises, Public sector, Southern Africa, Sub-Saharan Africa, terms of trade, West Africa
Pages:
54
Volume:
1993
DOI:
Issue:
007
Series:
Occasional Paper No. 1993/007
Stock No:
S106EA0000000
ISBN:
9781557753366
ISSN:
0251-6365
