Structural and Sectoral Adjustment: World Bank Experience, 1980-92~World Bankoperations evaluation study

摘要

The overview looks at the role of adjustment lending within the context of theBank's country assistance strategies-the mix and sequencing of SALs, SECALs, and investment lending. The end product is an issue-specific report, based on country-by-country empirical work and borrower's commentaries, with an operational slant. It includes suggestions for improving the effectiveness of adjustment lending. The report should be of broad interest to the development community. It includes an economic analysis of the adjustment process in borrower countries, and an institutional analysis of Bank/borrower relations. In particular, it presents a pioneering treatment of the 'borrower ownership' concept and an extensive data appendix.