Adjustment lending revisited
Subtitle: policies to restore growth
By: edited by Vittorio Corbo, Stanley Fischer, and Steven B. Webb.
Contributors: Corbo, Vittorio.; Fischer, Stanley.; Webb, Steven Benjamin, 1947-
Series: A World Bank symposium
Publisher: World Bank
Published: 1992
Place of publication: Washington, D.C
Language: eng
Number of pages: 184
Subjects: World Bank -- Developing countries -- Congresses.; Loans, Foreign -- Developing countries -- Congresses.; Structural adjustment (Economic policy) -- Developing countries -- Congresses.
Description: The World Bank has been supporting structural adjustment in developing countries since the late 1940s. Initially, the support took the form of preparing and financing projects, especially in the are of infrastructure. By the late 1970s, however, it had become increasingly clear in many countries that correction of inappropriate policies could make a larger contribution to growth than additional investment could.
Notes: Includes bibliographical references.