Article Type

Article

Description

Drawing on a World Bank study of seven countries (Burundi, Côte d'Ivoire, Ghana, Kenya, Nigeria, Senegal, and Tanzania) that undertook adjustment programs in the mid-1980s, the article evaluates outcomes across five dimensions: growth, supply response, investment, external financial flows, and poverty. It finds that countries implementing reforms consistently — particularly Ghana and Tanzania — achieved positive results, but that structural reforms remain incomplete, growth rates are insufficient to reduce poverty, and adjustment policies alone cannot lift African nations out of poverty without complementary investments in human capital, infrastructure, and governance.

Publication Source

Finance & Development

Publication Date

6-1994

Pages

6–9

Notes

The article "Adjustment Outcomes in Africa: Selected Case Studies" — also published as Resultados del ajuste en Africa: casos seleccionados (Spanish), 非洲调整的结果：选择的几个案例 (Chinese), and نتائج التصحيح الاقتصادي في أفريقيا: حالات مختارة (Arabic) — was authored by Ishrat Husain and published in June 1994 in Finance & Development (known in its other editions as Finanzas y Desarrollo, 金融与发展, and التمويل والتنمية). The journal is a quarterly publication of the International Monetary Fund and the World Bank. The article appears in Volume 31, Issue 2, on pages 6 to 9, and was simultaneously released in three language editions: Spanish, Simplified Chinese, and Arabic.

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IH0040

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