Macroeconomic Policies for Structural adjustment policies

Choukri Benzarour

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International Development and Aid Global Financial Crisis and Policies Economic, financial, and policy analysis

Abstract

Abstract: This paper aims to explore the macroeconomic policies of IMF and World Bank structural adjustment programs. This paper also provides at first a simple analysis of the main reasons of LDC economic disequilibrium. Then it reviews the main components of the structural adjustment program which include several macroeconomic policies promoted to market-oriented reform in policies and institutions, with the goals of restoring a sustainable balance of payments, reducing Inflation, restore the viability of the current account and the budget and stimulate growth.

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References

1975The structuralist approach to development policy 1981Stabilization Programs in Developing Countries: A Formal Framework (Programmes de stabilisation dans les pays en developpement: cadre formel) (Programas de estabilizacion en los paises en desarrollo: Un marco formal)1985Fund Supported Adjustment Programs and Economic Growth 1986The Global Effects of Fund-Supported Adjustment Programs

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