Macroeconomic Policy, Growth and Poverty Reduction

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In the late twentieth century, structural adjustment policies became the West's received wisdom as a solution to the economic problems of the South. The range of geographical coverage matched with the coherence of the approaches taken by the contributors allows striking comparisons to be made.In the late twentieth century, structural adjustment policies became the West's received wisdom as a solution to the economic problems of the South. Based on detailed empirical research, the contributors to this volume take a more heterodox and even critical approach. Indeed, many of the issues raised here are now being assimilated into a new 'Post-Washington Consensus'. The range of geographical coverage matched with the coherence of the approaches taken by the contributors allows striking comparisons to be made.