The Gambia: Economic Adjustment in a Small Open Economy

Eric Verreydt, Michael Hadjimichael and Thomas Rumbaugh

No 1992/011, IMF Occasional Papers from International Monetary Fund

Abstract: The Gambia, one of the least developed countries in Africa, has been pursuing corrective economic policies since 1985, aimed at restroing financial stability and laying the basis for strong and sustainable economic growth. Supported by IMF policy advice and financing. The Gambia's economic performance has improved considerably since 1985. This study discusses Gambian adjustment policies and their benefits.

Keywords: OP; adjustment effort; re-export trade; public enterprise sector; enterprise; Gambian economy; public enterprise reform program; Public enterprises; Commercial banks; Current spending; West Africa; Sub-Saharan Africa (search for similar items in EconPapers)
Pages: 48
Date: 1992-09-15
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