Annual World Bank Conference on Development Economics 1995Michael Bruno, Boris Pleskovic World Bank Publications, 1996 - 383 pages This review examines the relevance and efficacy of the World Bank's overall country assistance strategy for Ghana and the effectiveness of the various instruments of Bank assistance. The review finds that Bank loans of more than US$2 billion since 1984, including more than US$1 billion for adjustment operations, contributed to Ghana's progress. It cautions, however, that progress will be unsustainable unless the country proceeds with a large unfinished agenda of reforms designed to stimulate private sector development and enhance the prospects for sustainable agricultural growth. |
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Page 12
... adjustment mechanism , Argentina partially closed the economy , initiated some industrial policies , and began to reorganize its labor market . But once the external factors that had prompted these policies disap- peared , Argentina ...
... adjustment mechanism , Argentina partially closed the economy , initiated some industrial policies , and began to reorganize its labor market . But once the external factors that had prompted these policies disap- peared , Argentina ...
Page 14
... adjusting the level of production can also be very costly . An economy with a sclerotic labor market is bound to have high average costs of pro- duction or low average GNP . There are other arguments that emphasize the increased chance ...
... adjusting the level of production can also be very costly . An economy with a sclerotic labor market is bound to have high average costs of pro- duction or low average GNP . There are other arguments that emphasize the increased chance ...
Page 26
... Adjustment quickly dominated , and the International Monetary Fund suddenly became a central player in providing assistance to developing coun- tries — something it had not really done before . The balance of payments became the ...
... Adjustment quickly dominated , and the International Monetary Fund suddenly became a central player in providing assistance to developing coun- tries — something it had not really done before . The balance of payments became the ...
Page 30
... adjusting for age , sector , and so on . Education typically is even more important at the bottom of the income distribution — one recent study finds that those with no schooling have a 56 percent probability of being among the poorest ...
... adjusting for age , sector , and so on . Education typically is even more important at the bottom of the income distribution — one recent study finds that those with no schooling have a 56 percent probability of being among the poorest ...
Page 31
... adjustment inevitably occurs . Even without such extremes , policies that rely heavily on subsidies , whether to agri- culture or industry , frequently distort incentives and benefit well - placed groups . And the multiplicity of ...
... adjustment inevitably occurs . Even without such extremes , policies that rely heavily on subsidies , whether to agri- culture or industry , frequently distort incentives and benefit well - placed groups . And the multiplicity of ...
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Annual World Bank Conference on Development Economics 1995 Michael Bruno,Boris Pleskovic No preview available - 1996 |
Common terms and phrases
1996 The International adjustment allocation Annual World Bank Argentina assets capital central government Chile conditionality Conference on Development corruption costs country growth Dani Rodrik decentralization defined benefit system developing countries Development Economics 1995 discussion effects efficiency employment example exports factors farmers finance fiscal fiscal federalism Folbre funds gender Gini coefficient groups household important improve incentives income distribution increase industrial countries inequality institutions investment irrigation systems issues jurisdictions labor land reform Latin America macroeconomic ment Michael Bruno multilateral lending Nepal OECD Ostrom output participant pension percent political poor poverty poverty line private flows problems production programs rates Redistribution with Growth reduce regional rent-seeking Research result revenue risk Rodrik role Rudolf Hommes rules sector share social stabilization subnational governments tion trade transfers transition economies United University Press variables wages women workers World Bank World Bank Conference