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A Survey of the Impacts of IMF Structural Adjustment in Africa

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Publication Date: April 1999

Publisher(s): Center for Economic and Policy Research

Author(s): Robert Naiman; Neil Watkins

Topic: Banking and finance (International financial institutions)

Keywords: International monitoring; National debt; Poverty

Type: Report

Coverage: Africa

Abstract:

This paper analyzes the IMF's own data to consider the results of the Fund’s intervention in the economies of sub-Saharan Africa. It finds that efforts to increase economic growth, increase access to health care and education, and reduce the burden of debt repayment are likely to fail so long as the IMF remains in control of the economic policies in sub-Saharan Africa.