Economic Adjustment and Reform in Low-Income Countries (ESAF Review Background Papers)
Author： Ms. Susan Schadler Mr. Hugh Bredenkamp
Publisher： INTERNATIONAL MONETARY FUND
Publication year： 1999
E-ISBN: 9781455264834
P-ISBN(Paperback): 9781557757159
Subject： F112.1 The economies of the developing countries.
Language： ENG
Disclaimer: Any content in publications that violate the sovereignty, the constitution or regulations of the PRC is not accepted or approved by CNPIEC.
Description
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.