Globalisation or market integration in Sub-Saharan Africa is closely linked to the structural adjustment programmes. In this paper we focus on their dependence on the politics and institutional characteristics of the countries concerned. In particular, we argue that one important explanation for...

This study reviews the Bank's experience with adjustment lending to Sub-Saharan Africa (SSA), from FY80 to FY96. During this period, a total of 163 adjustment operations, for $15 billion have been approved to 37 countries. Of these, a total of 121 have already been evaluated at completion. The...