Reinvigorating Growth in Developing Countries
Lessons from Adjustment Policies in Eight Economies

Abstract

This study examines the links between adjustment policies and growth in a small group of developing countries- Bangladesh, Chile, Ghana, India, Mexico, Morocco, Senegal, and Thailand - during 1970 -93. It provides an overview of the adjustment and growth experience, examines in depth several policy issues of particular interest, and distills the principal policy lessons for the design of adjustment policies.

Author:
Ms. Kalpana Kochhar
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Mr. Erik Offerdal
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Mr. Louis Dicks-Mireaux
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Mr. Mauro Mecagni
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Ms. Jianping Zhou
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Mr. Balázs Horváth
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Mr. David John Goldsbrough
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Ms. Sharmini Coorey
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