Structural adjustment
Adjustment policies and the current account balance: empirical evidence from Sudan
Evaluating the economic impact of adjustment policies on the Sudanese economy
Authors:
A. Bannaga
Publisher:
Institute for Development Policy and Management, Manchester, 2004
This paper seeks to assess the impact of adjustment reforms on Sudan taking the current account balance as policy performance indicator. The author shows that the government own reforms were more effective than those imposed by the IMF or the World Bank and illustrates that both policy and non-factors are responsible to the same degree in deriving current account deficit in the long run specifically inefficiency in exchange rate policy and structural and demographic factors. (author's abstract)
