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Africa has come a long way since the economic turmoil of the 1980s, the decade of "structural adjustment". Growth has … of diversification in Africa's economies-in contrast to Asia's success stories. Structural adjustment did not change the … manufacturing and service clusters, Africa is yet to follow East Asia in integrating with the global economy in ways that add value …
Persistent link: https://www.econbiz.de/10011396968
Africa had not accelerated growth or reduced poverty, except in a handful of countries. The main reasons? Recipient … achieve. In response to this diagnosis, in 1995 the Bank's Africa Region introduced the Higher Impact Adjustment Lending (HIAL …
Persistent link: https://www.econbiz.de/10012556577
proliferation of technology investment and trade in the world economy. However sub-Saharan Africa has performed poorly under … development or Africa's increasing participation in the global economy. An example is used to illustrate the existence of an … alternative set of policies that may be better suited for Africa …
Persistent link: https://www.econbiz.de/10014192524
In the late 1960s and early 1970s Sub-Saharan Africa experienced an unprecedented economic crisis shutting the … Fund (IMF) as a recovery economic policy for Africa. By the late 1980s and early 1990s, most Sub-Saharan African countries … three of the most immediate alternative development strategies of Africa which includes; the Lagos Plan of Action (LPA) and …
Persistent link: https://www.econbiz.de/10013322292
The first sub-Saharan African country to pursue broad economic and structural reform - aided by external finance and technical aid - Ghana is an example of adjustment with growth. Ghana's experience, discussed in this paper, illustrates the need for complementary policy actions and the right...
Persistent link: https://www.econbiz.de/10014404667
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...
Persistent link: https://www.econbiz.de/10014404984
Turkey's relatively recent engagement with sub-Saharan Africa has been the subject of debate among scholars and … policymakers. Various attempts have been made to answer questions such as “why Africa?” and “why now?” but these have largely …'s commitment of resources to Africa has been positively shaped by six key factors. These the timing of Ankara's initial engagement …
Persistent link: https://www.econbiz.de/10012944618
This report synthesises the evidence on the impact of the war and its implications on food security in Africa based on … country case studies covering Egypt, Ethiopia, Kenya, Morocco, Mozambique, Senegal, South Africa and Sudan, as well as Africa …-Ukraine war on African economies and their resilience. The report finds that while direct trade exposure is low, Africa relies …
Persistent link: https://www.econbiz.de/10014584443
Persistent link: https://www.econbiz.de/10013266393
This study reviews the Bank's experience with adjustment lending to Sub-Saharan Africa (SSA), from FY80 to FY96. During …
Persistent link: https://www.econbiz.de/10012555101