Economic Adjustment in Low-Income Countries: Experience Under the Enhanced Structural Adjustment Facility

F. Rozwadowski · Siddharth Timari · David J. Robinson · Susan Schadler

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International Development and Aid Monetary Policy and Economic Impact Economic, financial, and policy analysis

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59.0 -5.2 3.4 4.5 8.0 -3.4 Senegal Nominal Real Togo Nominal Real -4.4 -5.0 -29.1 -23.0 -62.1 -36.3 -10.2 -1.9 -28.7 -35.6 -56.6 7.6 arrangements 5.3 1.5 3.0 -5.8 ESAF Period -5.2 -4.0 1.2 -4.2 -28.1 -8.9 -1.11 5.3 6.9 -1.11 -36.8 -26.6 4.4 -4.6 8.7 -2.9 rates were unchanged during their SAF/ESAF arrangements -0.3 -0.4 Niger Nominal Real -0.9 -7.5 0.4 -7.1 Combined SAF/ESAF Period -5.0 -4.2 -12.2 -12.2 -51.0 -26.5 -8.0 -0.2 -22.7 -29.9 -45.6 -14.5 4.7 -2.6 7.2

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1991Ghana: Adjustment and Growth, 1983-91

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