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Quantitative appraisal of adjustment lending (Английский)

This paper presents a quantitative analysis of adjustment programs in developing countries that received adjustment loans from the World Bank. Data have been provided for loan recipients and non-recipients in Sub-Saharan African, low-income, low-middle income, and upper-middle income countries. The results show that the relative position of loan recipients improved in three out of four country groupings in regard to per capita incomes, the exception...
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