Demand-side constraints and structural adjustment in Sub-Saharan African countries

Structural adjustment policies are recommended and financially supported by the World Bank and the International Monetary Fund as part of an effort to solve the external account crisis prevailing in many developing countries, including some African countries. Structural adjustment programs include p...

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Detalles Bibliográficos
Autores principales: Koester, Ulrich, Schafer, Hartwig, Valdes, Alberto
Formato: Libro
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 1990
Materias:
Acceso en línea:https://hdl.handle.net/10568/156819
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author Koester, Ulrich
Schafer, Hartwig
Valdes, Alberto
author_browse Koester, Ulrich
Schafer, Hartwig
Valdes, Alberto
author_facet Koester, Ulrich
Schafer, Hartwig
Valdes, Alberto
author_sort Koester, Ulrich
collection Repository of Agricultural Research Outputs (CGSpace)
description Structural adjustment policies are recommended and financially supported by the World Bank and the International Monetary Fund as part of an effort to solve the external account crisis prevailing in many developing countries, including some African countries. Structural adjustment programs include policy reforms implemented in various sectors and pursue, almost without exception, outward-oriented trade strategies. One aspect of structural adjustment programs is the potential for expanded product ion of agricultural tradables in SubSaharan Africa. Much of this expansion is expected to increase the volume of agricultural exports. Although the expanded production of importables, particularly food, could be significant, the situation in African countries deserves particular attention because their production is highly concentrated on a few export commodities. If most African countries promoted and expanded their exports at the same time, world prices would. decrease. Is there a risk that, at least in the short or medium term, the structural adjustment programs could worsen the economic situation in Sub-Saharan Africa? If so, this demand-side constraint could counteract one objective of the recommended structural adjustment policy.
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spelling CGSpace1568192025-01-10T06:35:52Z Demand-side constraints and structural adjustment in Sub-Saharan African countries Koester, Ulrich Schafer, Hartwig Valdes, Alberto agricultural policies economic policies international trade structural adjustment Structural adjustment policies are recommended and financially supported by the World Bank and the International Monetary Fund as part of an effort to solve the external account crisis prevailing in many developing countries, including some African countries. Structural adjustment programs include policy reforms implemented in various sectors and pursue, almost without exception, outward-oriented trade strategies. One aspect of structural adjustment programs is the potential for expanded product ion of agricultural tradables in SubSaharan Africa. Much of this expansion is expected to increase the volume of agricultural exports. Although the expanded production of importables, particularly food, could be significant, the situation in African countries deserves particular attention because their production is highly concentrated on a few export commodities. If most African countries promoted and expanded their exports at the same time, world prices would. decrease. Is there a risk that, at least in the short or medium term, the structural adjustment programs could worsen the economic situation in Sub-Saharan Africa? If so, this demand-side constraint could counteract one objective of the recommended structural adjustment policy. 1990 2024-10-24T12:45:39Z 2024-10-24T12:45:39Z Book https://hdl.handle.net/10568/156819 en Open Access application/pdf International Food Policy Research Institute Koester, Ulrich; Schafer, Hartwig; Valdes, Alberto. 1990. Demand-side constraints and structural adjustment in Sub-Saharan African countries. Occasional Papers 14. Washington, DC: International Food Policy Research Institute. https://hdl.handle.net/10568/156819
spellingShingle agricultural policies
economic policies
international trade
structural adjustment
Koester, Ulrich
Schafer, Hartwig
Valdes, Alberto
Demand-side constraints and structural adjustment in Sub-Saharan African countries
title Demand-side constraints and structural adjustment in Sub-Saharan African countries
title_full Demand-side constraints and structural adjustment in Sub-Saharan African countries
title_fullStr Demand-side constraints and structural adjustment in Sub-Saharan African countries
title_full_unstemmed Demand-side constraints and structural adjustment in Sub-Saharan African countries
title_short Demand-side constraints and structural adjustment in Sub-Saharan African countries
title_sort demand side constraints and structural adjustment in sub saharan african countries
topic agricultural policies
economic policies
international trade
structural adjustment
url https://hdl.handle.net/10568/156819
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AT schaferhartwig demandsideconstraintsandstructuraladjustmentinsubsaharanafricancountries
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