Structural adjustment reconsidered

The often emotional debate over the impact of structural adjustment on the poor in Africa has been confused by the complexity of economic reforms and their inconsistent implementation, the diversity of prior conditions, and confounding effects of external shocks. Going beyond simple "before and after" comparisons, Professors Sahn, Dorosh, and Younger isolate from other factors the effect of specific policy measures associated with adjustment programs. The analysis draws primarily on the experience of ten African countries: Cameroon, The Gambia, Ghana, Guinea, Madagascar, Malawi, Mozambique,…