Harrigan, Jane and El-Said, Hamed (2000) 'Stabilisation and Structural Adjustment: The Case of Jordan and Malawi.' Journal of African Business, 1 (3). pp. 63-109.
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This paper analyses and compares World Bank structural adjustment programmes and International Monetary Fund (IMF) stabilisation programmes in Malawi during the 1980s and Jordan during the 1990s. Both are small aid-dependant economies with a narrow export base making them vulnerable to exogenous shocks. The article pays particular attention to the political economy environment in which reform programmes are implemented and to the role of exogenous shocks, both adverse and favourable, in determining the outcome of the programmes. The sequencing of reforms is also assessed in both countries.
|Keywords:||Malawi, Jordan, World Bank, International Monetary Fund, structural adjustment, stabilisation, economic reform.|
|SOAS Departments & Centres:||Faculty of Law and Social Sciences > Department of Economics|
|DOI (Digital Object Identifier):||10.1300/J156v01n03_05|
|Depositing User:||Jane Harrigan|
|Date Deposited:||21 May 2008 10:11|
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