International Governance and Implications for Development Policy in Sub-Saharan Africa: A Review of Experience and Perspectives for the Future

Benno J. Ndulu

Chapter 15 in Global Development Fifty Years after Bretton Woods, 1997, pp 330-355 from Palgrave Macmillan

Abstract: Abstract Since the 1980s, development policy in sub-Saharan Africa (SSA) has been shaped increasingly by the policy leverage of multilateral financial institutions. This leverage derives from the explicit high conditionality approach to the disbursement of resources from these institutions and those from other resources leveraged by them in support of the various economic reform programmes in the region.

Keywords: Development Policy; International Monetary Fund; Real Exchange Rate; Poverty Alleviation; Debt Relief (search for similar items in EconPapers)
Date: 1997
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-25570-2_15

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DOI: 10.1007/978-1-349-25570-2_15

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