Macroeconomic Policies for Structural Adjustment Programs
affiliation not provided to SSRN
Faculty of Economics and Management Sciences Algiers University
May 3, 2009
Abstract: This paper aims to explore the macroeconomic policies of IMF and World Bank structural adjustment programs. This paper also provides at first a simple analysis of the main reasons of LDC economic disequilibrium. Then it reviews the main components of the structural adjustment program which include several macroeconomic policies promoted to market-oriented reform in policies and institutions, with the goals of restoring a sustainable balance of payments, reducing Inflation, restore the viability of the current account and the budget and stimulate growth.
Number of Pages in PDF File: 41
Keywords: structural adjustment programs, demand management policies, demand switching policies, supply side policies, exchange rate policies, debt management policies
JEL Classification: E61, E62, E63working papers series
Date posted: November 30, 2009
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