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Structural Adjustment Policies in Highly Indebted Countries


Sebastian Edwards


University of California, Los Angeles (UCLA) - Global Economics and Management (GEM) Area; National Bureau of Economic Research (NBER)
August 1989

NBER Working Paper No. w2502

Abstract:     
This paper deals with structural adjustment in the highly indebted countries. The origins of the debt crisis are first analyzed. Then the nature of the adjustment followed by the debt ridden countries between 1982- 1987 is discussed. It is noted that for most nations the adjustment has been highly recessive. Next, the potential role of trade reforms in securing the resumption of sustained growth is analyzed.

Number of Pages in PDF File: 83

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Date posted: July 4, 2004  

Suggested Citation

Edwards, Sebastian, Structural Adjustment Policies in Highly Indebted Countries (August 1989). NBER Working Paper No. w2502. Available at SSRN: http://ssrn.com/abstract=425541

Contact Information

Sebastian Edwards (Contact Author)
University of California, Los Angeles (UCLA) - Global Economics and Management (GEM) Area ( email )
110 Westwood Plaza
Box 951481
Los Angeles, CA 90095-1481
United States
310-206-6797 (Phone)
310-206-5825 (Fax)
National Bureau of Economic Research (NBER)
1050 Massachusetts Avenue
Cambridge, MA 02138
United States
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