The authors of this paper use simple statistical methods to measure the effect of adjustment lending (AL) on economic performance. Using eight economic indicators, they rely on traditional "before-after" comparisons of AL recipients and a control group of 62 countries. How have countries under adjustment lending performed? AL countries improved their external position, generating enough of a trade balance surplus to service their external debt. Fiscal...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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1989/04/30
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Рабочий документ в рамках исследования вопросов политики
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WPS190
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1
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1
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2010/07/01
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Macro performance under adjustment lending
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adjustment lending
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