Adjustment is best considered as the implementation of comprehensive reforms of macro and micro policies, in response to various shocks, and to rectify inappropriate past policies that have hampered economic performance. These shocks have adversely affected the whole range of economic policy...

Over many past decades countries in sub-Saharan Africa have received extensive bilateral and multilateral aid in support of the production of relevant, timely, and good quality data and statistics. But assessing aid effectiveness in the statistical area i

The paper empirically explores the factors that could have accounted for the generally declining aid effort (defined as the generosity ratio, or the share of GDP given as aid) of bilateral donors over the last three decades. Annual panel data over 1970-2000 period for the 22 DAC members are used...