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Structural Adjustment Policies in Highly Indebted Countries

Sebastian Edwards

No 2502, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: This paper deals with structural adjustment in the highly indebted countries. The origins of the debt crisis are first analyzed. Then the nature of the adjustment followed by the debt ridden countries between 1982- 1987 is discussed. It is noted that for most nations the adjustment has been highly recessive. Next, the potential role of trade reforms in securing the resumption of sustained growth is analyzed.

Date: 1988-02
Note: ITI IFM
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Citations: View citations in EconPapers (11)

Published as Developing Country Debt and Economic Performance, Vol. 1: The Inter-national Financial System, edited by Jeffrey D. Sachs, pp. 159-207. Chicago: The University of Chicago Press, 1989.
Published as Structural Adjustment Policies in Highly Indebted Countries , Sebastian Edwards. in Developing Country Debt and the World Economy , Sachs. 1989

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Related works:
Chapter: Structural Adjustment Policies in Highly Indebted Countries (1989) Downloads
Chapter: Structural Adjustment Policies in Highly Indebted Countries (1989) Downloads
Working Paper: Structural Adjustment Policies in Highly Indebted Countries (1987) Downloads
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