The ESAF at Ten Years: Economic Adjustment and Reform in Low-Income Countries

International Monetary Fund

No 1998/004, IMF Occasional Papers from International Monetary Fund

Abstract: For over 10 years, the IMF has supported adjustment and reform programs in many of its low-income members through two facilities established specifically for that purpose - the Enhanced Structural Adjustment Facility (ESAF) and its precursor the Structural Adjustment Facility (SAF). By the end of 1994, 36 countries had availed themselves of these facilities, in support of 68 multi-year programs. This study summarizes the findings of a review of the experience under these programs and of economic developments in the countries that undertook them.

Keywords: OP; country; ESAF country; ESAF-supported program; ESAF; ESAF arrangement; ESAF support; ESAF user; Inflation; Public enterprises; Exports; Structural reforms; Africa; Western Hemisphere; Asia and Pacific; Baltics; West Africa (search for similar items in EconPapers)
Pages: 57
Date: 1998-02-12
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=2480 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfops:1998/004

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Occasional Papers from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().