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

Kalpana Kochhar · Erik C. Offerdal · Louis Dicks-Mireaux · Mauro Mecagni · Jianping Zhou · David Goldsbrough +1 more

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Monetary Policy and Economic Impact International Development and Aid Economic Growth and Productivity

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

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