Structural Adjustment: Retrospect and Prospect

by Daniel Schydlowsky

Overview

Structural adjustment has become the orthodox economic policy in developing countries. International financial institutions and the governments of the less developed countries play the major roles in determining the success of this restructuring. International institutions, through structural adjustment loans (SALs), provide both impetus and guidance to developing countries. The governments must provide a process of stabilization to precede structural adjustment, if it is to succeed. Economists and scholars in developmental, regional, and financial economics will find this work a fine addition to their research and collections.

Product Details

ISBN-13:	9780275944339
Publisher:	Bloomsbury Academic
Publication date:	05/23/1995
Pages:	264
Product dimensions:	6.14(w) x 9.21(h) x 0.62(d)

About the Author

DANIEL M. SCHYDLOWSKY teaches in the Department of Economics at American University.

Table of Contents

Introduction
What is Structural Adjustment? by James Weaver
Structural Adjustment in the 1980s
Structural Adjustment Lessons from the 1980s by Stanley Fischer
Policy Reform in the 1980s by Lance Taylor
Structural Adjustment in Latin America
Policy Reform in Latin America in the 1980s by John Williamson
Changing Production Patterns with Social Equity and Environmental Sustainability by Fernando Fajnzylber
Structural Adjustment in Sub-Saharan Africa
African Adjustment Programs: False Attacks and True Dilemmas by Eliot Berg
Why Structural Adjustment Failed in Africa by George Ayittey
Structural Adjustment and Employment
Structural Adjustment and the Labor Market by Norberto Garciá and Jaime Mezzera
Implementation of Structural Adjustment Programs
Implementation and Sustainable Adjustment: The Management of Policy Reform by Richard Moore
Policy Reform for the 1990s
The Political Economy of Reform by Paul Streeten
Democracy and Economic Growth by Stephan Haggard
Structural Adjustment for the 1990s by Daniel M. Schydlowsky

Editorial Reviews

In a dozen papers presented to a March 1991 gathering in Washington, D.C., economists and other scholars offer different and often conflicting views of structural adjustment, the set of policies often prescribed by international lenders for less developed countries. Their topics include lessons from the 1980s, policy reform in Latin America, environmental sustainability, the sub-Sahara, employment, implementation, the political economy of reform, and democracy. Annotation c. Book News, Inc., Portland, OR (booknews.com)

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