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Structural Adjustment Programs: Some New Findings

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  • Hiranya Mukhopadhyay

Abstract

Recent studies of structural adjustments highlight two results: intensive adjustment‐lending countries performed better than nonadjustment‐lending countries during the late 1980s, and middle‐income countries performed better than low‐income countries. However, the methodology has ignored the distribution of the growth rate in a country over the period 1985 to 1990. When this distribution of the growth rate is taken into account, low‐income adjustment‐lending countries performed better than middle‐income countries during the late 1980s, especially when the growth rate of high‐income economies is held constant.

Suggested Citation

  • Hiranya Mukhopadhyay, 1998. "Structural Adjustment Programs: Some New Findings," Review of Development Economics, Wiley Blackwell, vol. 2(2), pages 191-210, June.
    • Handle: RePEc:bla:rdevec:v:2:y:1998:i:2:p:191-210
    DOI: 10.1111/1467-9361.00037
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    Cited by:

    1. Hiranya Mukhopadhyay, 1999. "Trade liberalization in sub-Saharan Africa: stagnation or growth?," Journal of International Development, John Wiley & Sons, Ltd., vol. 11(6), pages 825-835.
    2. Hao Wei, 2016. "Measuring the Technological Structure of Chinese Imports," Review of Development Economics, Wiley Blackwell, vol. 20(1), pages 261-271, February.
    3. Hiranya Mukhopadhyay, "undated". "Trade Liberalization in Sub-Saharan Africa: Stagnation or Growth'," QEH Working Papers qehwps13, Queen Elizabeth House, University of Oxford.

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