The implementation of policy conditions in structural adjustment programmes: The case of Sub-Saharan African countries
If, as some recent research seems to suggest, the economic performance of countries that comply with World Bank conditionality is significantly better than that of countries that do not comply, then an important topic for research is the identification of factors that increase the likelihood of programme countries’ compliance. This paper starts research in this area by employing data recently released by the World Bank that allow a classification of Sub-Saharan African programme countries according to their compliance with adjustment lending conditionality. The empirical results are sensible and have important implications for the design and management of policy-based lending.
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