Structural adjustment programmes and export supply response

✍ Scribed by Farhad Noorbakhsh; Alberto Paloni

• Book ID: 101287818
• Publisher: John Wiley and Sons
• Year: 1998
• Tongue: English
• Weight: 202 KB
• Volume: 10
• Category: Article
• ISSN: 0954-1748
• DOI: 10.1002/(sici)1099-1328(199806)10:4<555::aid-jid545>3.0.co;2-p

✦ Synopsis

This paper analyses three aspects of the export supply response to structural adjustment programmes supported by the World Bank. First, have programmes improved programme countries' export performance relative to non-programme countries? Second, have programmes contributed to re-orientation of production and build up of supply capacity? Third, have programmes resulted in greater export diversi®cation? These questions are addressed by employing both traditional and less common techniques in the context of the before±after', with±without' and an original extended version of the `modi®ed control group' approaches. The empirical ®ndings in this paper suggest that, although structural adjustment programmes have the expected eects in the short to medium run, they have failed to generate an appropriate supply response which could underpin lasting export expansion and diversi®cation.