Adjustment for Growth

Know about the book -

Adjustment for Growth is written by Mr.Michael T. Hadjimichael and published by International Monetary Fund. It's available with International Standard Book Number or ISBN identification 1557755663 (ISBN 10) and 9781557755667 (ISBN 13).

Over the past two decades, sub-Saharan Africa has lagged behind other regions in economic performance. The important overall indicators of performance, however, mask wide differences among countries. On the whole, countries that effectively implemented comprehensive adjustment and reform programs showed better results. Their experiences demonstrate that an expansion in private saving and investment is key to achieving gains in real per capita GDP. The four papers included in this publication provide a cross country analysis that assesses empirically the role of publlic policies in stimulating private saving and investment in the region in 1986-92 and describe the adjustment experiences of Ghana (1983-91), Senegal (1978-1993), and Uganda (1987-94).