Volume 19, Issue 1: Stabilisation: For Growth or Decay?
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Recent Submissions
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Editorial: Do Stabilisation Policies Stabilise?
(Institute of Development Studies, 01/01/1988) -
Ghana: Progress, Problematics and Limitations of the Success Story
(Institute of Development Studies, 01/01/1988)Summary Summary Ghana is cited by advocates as the key case of successful adjustment, and by critics as adjustment with an inhuman face. Both views are reductionist and fail to take on board the 1890–1982 historical ... -
Togo: A Structural Adjustment that Destabilises Economic Growth
(Institute of Development Studies, 01/01/1988)Summary Summary Togo is a tiny, poor country that has been almost entirely dependent on foreign economic assistance since the collapse of the phosphate boom in the mid?1970s. Developing a Kaleckian model of foreign ... -
Structural Adjustment and Vulnerable Groups in Sierra Leone
(Institute of Development Studies, 01/01/1988)Summary Summary The major elements of a structural adjustment package in Sierra Leone comprised flotation of the leone in June 1986 and removal of subsidies on rice and petrol. By April 1987 the leone had depreciated ... -
The Impact of Adjustment Policy in Madagascar
(Institute of Development Studies, 01/01/1988)Summary Summary During the 1970s Madagascar experienced economic disfunctioning and financial disequilibrium linked to a planned economy. She has since progressively liberalised the economy and introduced adjustment ... -
Policy Reform and Adjustment in an Economy under Siege: Malawi 1980–87
(Institute of Development Studies, 01/01/1988)Summary Summary The article provides an overview of adjustment policies and the performance of the economy since 1980. It sets out distinctive features of Malawi's politics and economy which have to be taken into ... -
Zambian Adjustment Strategy — With and Without the IMF
(Institute of Development Studies, 01/01/1988)Summary Summary Zambia's adjustment to the income loss caused by the fall in the copper price was partial and postponed. The gap was financed by borrowing, which led to unsupportable debt repayment obligations. Economic ... -
Strategic Adjustment and Stabilisation in a Hydrocarbon Exporter: The Case of Algeria
(Institute of Development Studies, 01/01/1988)Summary Summary Algeria has carried out a nationally instituted strategic adjustment and a short term stabilisation exercise — in that order. While it has adopted a pro?agricultural incentives policy (with positive ... -
Non?marginal Price Changes: Conditions for the Success of Floating Exchange Rate Systems in Sub?Saharan Africa
(Institute of Development Studies, 01/01/1988)Summary Summary A number of African countries recently chose or were forced to increase the cost of foreign exchange by 100 per cent or more This failed to stabilise the exchange rate and there was little evidence of ... -
From Speeches to Action: Implementing What is Agreed
(Institute of Development Studies, 01/01/1988)Summary Summary Stabilisation policy and practice were initially abstracted from what were seen as transitional costs and from their impact on poor and vulnerable people. In terms of policy pronouncements there has ... -
Review: Adjustment with a Human Face: Economics or Sentimentality?
(Institute of Development Studies, 01/01/1988)