In the 1980s development assistance shifted largely from financing investments (such as roads and dams) to promoting policy reform. This change came because of a growing awareness that developing countries were held back more by poor policies than by a lack of finance for investment. After nearly 20 years' experience with policy-based or conditional lending, there have now been many studies of adjustment lending, most of which take a case-study approach...
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INFORMATION
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1998/06/30
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Document de travail de recherche sur les politiques
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WPS1938
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1
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1
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2010/07/01
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What explains the success or failure of structural adjustment programs?
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adjustment loan
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