The key messages from this article are (a) African countries should learn from their failed past adjustment policies; (b) development policies, including exchange rate regimes, should be predicated on ...

Chief Economist of the World Bank's Africa division, Shantanayan Devarajan, speaking to Think Africa Press, credits 'Africa Rising' in part to World Bank and IMF policies. The World Bank's influence ...

After decades of criticism for its heavy-handedness, did the International Monetary Fund really change its lending practices? Since the onset of the global financial crisis in 2007-2008, a number of ...

Since the 1980s, public debt, both in the Third World countries and in the industrialised nations, has been systematically used to impose austerity policies in the name of structural adjustment. [1] ...

Carlos Lopes, the Executive Secretary of the Economic Commission for Africa, disputes the claim that structural adjustment programmes are responsible for Africa's success story. In an interview with ...

Audu Ogbeh, a former minister of agriculture, is captured on video saying Nigeria’s economic woes started in 1986. He said, “The tragedy of Nigeria began in 1986 when we did the structural adjustment ...

Structural adjustment programmes by the IMF have been characterised, in the neoliberal era, by two overarching goals: a) macroeconomic stabilisation via a reduction in the fiscal deficit, mitigation ...

During the 1980s, the International Monetary Fund (IMF) and the World Bank earned themselves the highly justified but less than enviable reputation of being responsible for very unpopular measures ...

I have followed with interest the debate on the EPA and the varying positions of President Jagdeo, the participants at the recent consultation and heads of Caricom governments. This debate caused me ...

Lecturer in Spanish and Translation Studies at the University of Surrey. Lecturer in Spanish and Translation Studies at the University of Surrey. Most of the focus, understandably, is on what this ...

As the Greek crisis evolves, it is important to understand that a successful structural-adjustment programme requires strong country ownership. Even if negotiators overcome the most recent sticking ...