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CHAPTER 9 The Causes of Program Interruptions

CHAPTER 9 The Causes of Program Interruptions »

Source: Economic Adjustment and Reform in Low-Income Countries (ESAF Review Background Papers)

Series: Books

Author(s): Susan Schadler , and Hugh Bredenkamp

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 June 1999

ISBN: 9781557757159

Keywords: inflation, public enterprises, public enterprise, enterprise reform, public enterprise sector

Adjustment programs are seldom implemented exactly as planned. Slippages, delays, midcourse corrections, and, occasionally, missed targets are in the nature of ambitious reform. Nevertheless, a track record...

CHAPTER 7 Progress Toward External Viability

CHAPTER 7 Progress Toward External Viability »

Source: Economic Adjustment and Reform in Low-Income Countries (ESAF Review Background Papers)

Series: Books

Author(s): Susan Schadler , and Hugh Bredenkamp

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 June 1999

ISBN: 9781557757159

Keywords: inflation, public enterprises, public enterprise, enterprise reform, public enterprise sector

Progress toward external viability is a central objective in ESAF-supported programs. To this end, the programs emphasize macroeconomic policies and structural reforms that are designed to strengthen externa...

CHAPTER 4 The Policy Record

CHAPTER 4 The Policy Record »

Source: Economic Adjustment and Reform in Low-Income Countries (ESAF Review Background Papers)

Series: Books

Author(s): Susan Schadler , and Hugh Bredenkamp

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 June 1999

ISBN: 9781557757159

Keywords: inflation, public enterprises, public enterprise, enterprise reform, public enterprise sector

This chapter examines developments in the macroeconomic and structural policies of the ESAF countries during the period under review and takes stock of the progress achieved toward greater macroeconomic stab...

CHAPTER 2 Methodological Issues

CHAPTER 2 Methodological Issues »

Source: Economic Adjustment and Reform in Low-Income Countries (ESAF Review Background Papers)

Series: Books

Author(s): Susan Schadler , and Hugh Bredenkamp

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 June 1999

ISBN: 9781557757159

Keywords: inflation, public enterprises, public enterprise, enterprise reform, public enterprise sector

The extent of progress with respect to the objectives of the ESAF can be assessed from a variety of perspectives. The most commonly used in evaluations of adjustment programs are:...

CHAPTER 3 The Setting for Adjustment and Reform

CHAPTER 3 The Setting for Adjustment and Reform »

Source: Economic Adjustment and Reform in Low-Income Countries (ESAF Review Background Papers)

Series: Books

Author(s): Susan Schadler , and Hugh Bredenkamp

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 June 1999

ISBN: 9781557757159

Keywords: inflation, public enterprises, public enterprise, enterprise reform, public enterprise sector

The countries under review were among the world’s poorest, with annual per capita GNP averaging about US$400 in the early 1980s (compared with over $1,800 for other developing countries). This gap in income...

CHAPTER 1 Overview

CHAPTER 1 Overview »

Source: Economic Adjustment and Reform in Low-Income Countries (ESAF Review Background Papers)

Series: Books

Author(s): Susan Schadler , and Hugh Bredenkamp

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 June 1999

ISBN: 9781557757159

Keywords: inflation, public enterprises, public enterprise, enterprise reform, public enterprise sector

In the aftermath of the debt crisis of the early 1980s, many of the IMF’s poorest member countries embarked on far-reaching programs of adjustment and economic reform. The severity and structural nature of t...

XIII. Military Expenditure

XIII. Military Expenditure »

Source: Public Expenditure Handbook : A Guide to Public Policy Issues in Developing Countries

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 15 September 1991

ISBN: 9781557752222

Keywords: expenditure, public expenditure, military, health care, fiscal policy

What information is available about military expenditure? Can an appropriate level of military e...

7 Debt Relief for Low-Income Countries and the HIPC Debt Initiative

7 Debt Relief for Low-Income Countries and the HIPC Debt Initiative »

Source: External Finance for Low-Income Countries

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 September 1997

ISBN: 9781451957198

Keywords: debt, external debt, creditors, debt relief, debt overhang

Since the onset in the early 1980s of the debt crisis, which affected both middle- and low-income countries, the debt situation of middle-income debtor countries has improved signif...

8 Debt Relief for Heavily Indebted Poor Countries: Lessons from the Debt Crisis of the 1980s

8 Debt Relief for Heavily Indebted Poor Countries: Lessons from the Debt Crisis of the 1980s »

Source: External Finance for Low-Income Countries

Series: Books

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 12 September 1997

ISBN: 9781451957198

Keywords: debt, external debt, creditors, debt relief, debt overhang

The official financial community has adopted in principle a historic Initiative to forgive a large portion of the debt owed by the most severely indebted of the heavily indebted poo...

CHAPTER 6 Inflation: The Case for a More Resolute Approach

CHAPTER 6 Inflation: The Case for a More Resolute Approach »

Source: Economic Adjustment and Reform in Low-Income Countries (ESAF Review Background Papers)

Series: Books

Author(s): Susan Schadler , and Hugh Bredenkamp

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 June 1999

ISBN: 9781557757159

Keywords: inflation, public enterprises, public enterprise, enterprise reform, public enterprise sector

This chapter begins with a review of inflation performance and arrives at a mixed assessment: the record on ending high inflation is satisfactory, but the record on achieving low (single-digit) inflation is...