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APUSpecial Lecture on Development Strategy by Motoo Kusakabe

Lesson Twelve:
12. Why Structural Adjustment Failed? (Presentation/Discussion)
What do we learn? Reading Suggestions

How do you evaluate the overall performance of the Adjustment Lending?

Which countries did perform better?

Can aid influence the policy of the recipient countries? Why not?

What explains the success and failure of the Structural Adjustment Program?

 

Then, how to improve the success ratio?

What was the World Bank response to the analysis?

What Explains the Success or Failure of Structural Adjustment Programs?
Dollar, David, and Jakob Svensson. 1998. What Explains the Success or Failure of Structural Adjustment Programs? Policy Research Working Paper #1938, World Bank, Washigton, DC.

What was the performance of Adjustment Lending?
The World Bank. 2001. Adjustment Lending Retrospect. The World Bank, Washington, D.C. p66-75