 Failure of Structural Adjustment Programmes in Sub-Saharan Africa: Policy Design or Policy Implementation?Nana Yaw Oppong Journal of Empirical Economics, 2014, vol. 3, issue 5, 321-331 Abstract: World Bank/International Monetary Fund adjustment programmes prescribed for ailing Third World economies have been described as a failure. The aim of the article is to assess if the failure is due to the policies as designed by the World Bank/IMF. or as results of implementation by adjusting nations. Twenty peer review journal articles on SAP programmes from 1990 to 2005 covering varied SSA countries and regions, socio-economic needs, and many approaches form the data for the study. The publications are summarised and presented. The results are then discussed (1) to confirm or otherwise the failure; and (2) to ascertain if the failure results from policy design or policy implementation. It is found that SSA is integrated into the global economy as a result of SAPs; needs assessment are rarely conducted before programme prescriptions; there is lack of commitment from governments of adjusting nations; and adjustment programmes are unable to „adjust‟ the ailing economies. it is concluded that SAPs have produced abysmal results signifying a failure, which is mostly attributed to policy design than policy implementation. Keywords: Structural adjustment programme; Sub-Saharan Africa; World Bank; International Monetary Fund (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:rss:jnljee:v3i5p6 Access Statistics for this article More articles in Journal of Empirical Economics from Research Academy of Social Sciences |
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