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The ESAF at Ten Years
			: Economic Adjustment and Reform in Low-Income Countries

The ESAF at Ten Years : Economic Adjustment and Reform in Low-Income Countries »

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 February 1998

DOI: http://dx.doi.org/10.5089/9781557756930.051

ISBN: 9781557756930

Keywords: inflation, monetary fund, transition economies, structural adjustment, terms of trade

For over 10 years, the IMF has supported adjustment and reform programs in many of its low-income members through two facilities established specifically for that purpose - the Enhanced Structural Adjustment Facili...

I Overview

I Overview »

Source: The ESAF at Ten Years : Economic Adjustment and Reform in Low-Income Countries

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 February 1998

ISBN: 9781557756930

Keywords: inflation, monetary fund, transition economies, structural adjustment, terms of trade

For over 10 years, the IMF has supported adjustment and reform programs in many of its low-income members through two facilities established specifically for that purpose—the Enhanced Structural Adjustment F...

II Initial Conditions and the Setting for Adjustment

II Initial Conditions and the Setting for Adjustment »

Source: The ESAF at Ten Years : Economic Adjustment and Reform in Low-Income Countries

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 February 1998

ISBN: 9781557756930

Keywords: inflation, monetary fund, transition economies, structural adjustment, terms of trade

Before turning to the record of adjustment and reform undertaken in ESAF countries, it is useful to recall why countries embarked on this process, and what they hoped to achieve. This section looks first, in...

III What Has Been Achieved?

III What Has Been Achieved? »

Source: The ESAF at Ten Years : Economic Adjustment and Reform in Low-Income Countries

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 February 1998

ISBN: 9781557756930

Keywords: inflation, monetary fund, transition economies, structural adjustment, terms of trade

Progress with regard to the strategy for adjustment and reform can be assessed both on the basis of policies implemented and outcomes achieved. The experience of SAF/ESAF-supported programs—and the countries...

IV Lessons for Program Design

IV Lessons for Program Design »

Source: The ESAF at Ten Years : Economic Adjustment and Reform in Low-Income Countries

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 February 1998

ISBN: 9781557756930

Keywords: inflation, monetary fund, transition economies, structural adjustment, terms of trade

Countries undertaking programs of adjustment and reform supported by the SAF and ESAF have brought their economies a long way from the doldrums of the early 1980s. Real per capita output growth among nontran...

Front Matter

Front Matter »

Source: The ESAF at Ten Years : Economic Adjustment and Reform in Low-Income Countries

Series: Occasional Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 February 1998

ISBN: 9781557756930

Keywords: inflation, monetary fund, transition economies, structural adjustment, terms of trade

For over 10 years, the IMF has supported adjustment and reform programs in many of its low-income members through two facilities established specifically for that purpose - the Enhanced Structural Adjustment Facili...