By Ms.Sharmini Coorey, Mr.Louis Dicks-Mireaux, Mr.David John Goldsbrough, Mr.Balázs Horváth, Ms.Kalpana Kochhar, Mr.Mauro Mecagni, Mr.Erik Offerdal, Ms.Jianping Zhou
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This study examines the links between adjustment policies and growth in a small group of developing countries- Bangladesh, Chile, Ghana, India, Mexico, Morocco, Senegal, and Thailand - during 1970 -93. It provides an overview of the adjustment and growth experience, examines in depth several policy issues of particular interest, and distills the principal policy lessons for the design of adjustment policies.