Author: Robinson David O., Schadler Susan, Rozwadowski F, Tiwari Siddharth, and Robinson David
This paper evaluates progress made under ESAF-supported programs in attaining external viability, restoring economic growth, and implementing structural reforms. Performance is evaluated for 19 countries that entered ESAF arrangements by mid-1992, against the background of their initial conditions, external environment, and implementation of structural and macroeconomic policies.
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