Looking for More from Adjustment : Africa's Experience
By the mid-1990s, after more than 15 years of adjustment lending, it had become clear that adjustment programs in Africa had not accelerated growth or reduced poverty, except in a handful of countries. The main reasons? Recipient governments did no...
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| Format: | Brief |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/1999/05/1047351/looking-more-adjustment-africas-experience http://hdl.handle.net/10986/11482 |
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okr-10986-114822021-06-14T11:03:26Z Looking for More from Adjustment : Africa's Experience Pape, Elizabeth ADJUSTMENT LENDING STRUCTURAL ADJUSTMENT PROGRAMS GOVERNMENT OWNERSHIP TRANCHING PROJECT DESIGN REFORM IMPLEMENTATION TAX POLICY PUBLIC EXPENDITURES BENEFICIARY PARTICIPATION GOVERNMENT COMMITMENTS POLITICAL ENVIRONMENT ADJUSTMENT OPERATIONS POVERTY REDUCTION RENT-SEEKING PERFORMANCE INDICATORS ADJUSTMENT ADJUSTMENT LENDING ADJUSTMENT OPERATIONS ADJUSTMENT PROGRAMS AGRICULTURE BANKING SECTOR BENCHMARKS BORROWER BORROWING CIVIL SERVICE COMMITMENT CONDITIONALITY COUNTRY ASSISTANCE CREDITS DEVELOPMENT ECONOMICS ECO EVASION EXPORTS FINANCIAL INSTITUTIONS FINANCIAL SECTOR FLOATING TRANCHE LENDING OPERATIONS LENDING PROGRAMS LOAN MACROECONOMIC STABILITY PRIVATIZATION PUBLIC SECTOR PUBLIC SPENDING REFORM PROGRAMS REGULATORY FRAMEWORK RENT SEEKING SOCIAL SERVICES STATE BANKS STATE ENTERPRISES STRUCTURAL ADJUSTMENT TASK MANAGERS TAX TRANCHE TRANCHING TRANSPARENCY TRANSPORT By the mid-1990s, after more than 15 years of adjustment lending, it had become clear that adjustment programs in Africa had not accelerated growth or reduced poverty, except in a handful of countries. The main reasons? Recipient governments did not "own" the reform programs, and they perceived the conditionality attached to the programs as being imposed on them. Adjustment programs were often unresponsive to country conditions and changes in external circumstances. In most cases the World Bank and recipient governments did not have a shared vision of what adjustment programs were supposed to achieve. In response to this diagnosis, in 1995 the Bank's Africa Region introduced the Higher Impact Adjustment Lending (HIAL) initiative. The initiative aimed to achieve a quicker, stronger, broader, and longer supply response from structural adjustment programs by: 1) increasing country selectivity and strengthening government ownership; 2) allowing more flexibility in adjustment operations--in particular, introducing new tranching mechanisms; and 3) introducing performance indicators to define expected results and assess actual outcomes. This note describes how the approach and design of these operations were adapted to achieve higher impact. 2012-08-13T15:11:35Z 2012-08-13T15:11:35Z 1999-05 http://documents.worldbank.org/curated/en/1999/05/1047351/looking-more-adjustment-africas-experience http://hdl.handle.net/10986/11482 English PREM Notes; No. 22 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research Africa |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ADJUSTMENT LENDING STRUCTURAL ADJUSTMENT PROGRAMS GOVERNMENT OWNERSHIP TRANCHING PROJECT DESIGN REFORM IMPLEMENTATION TAX POLICY PUBLIC EXPENDITURES BENEFICIARY PARTICIPATION GOVERNMENT COMMITMENTS POLITICAL ENVIRONMENT ADJUSTMENT OPERATIONS POVERTY REDUCTION RENT-SEEKING PERFORMANCE INDICATORS ADJUSTMENT ADJUSTMENT LENDING ADJUSTMENT OPERATIONS ADJUSTMENT PROGRAMS AGRICULTURE BANKING SECTOR BENCHMARKS BORROWER BORROWING CIVIL SERVICE COMMITMENT CONDITIONALITY COUNTRY ASSISTANCE CREDITS DEVELOPMENT ECONOMICS ECO EVASION EXPORTS FINANCIAL INSTITUTIONS FINANCIAL SECTOR FLOATING TRANCHE LENDING OPERATIONS LENDING PROGRAMS LOAN MACROECONOMIC STABILITY PRIVATIZATION PUBLIC SECTOR PUBLIC SPENDING REFORM PROGRAMS REGULATORY FRAMEWORK RENT SEEKING SOCIAL SERVICES STATE BANKS STATE ENTERPRISES STRUCTURAL ADJUSTMENT TASK MANAGERS TAX TRANCHE TRANCHING TRANSPARENCY TRANSPORT |
| spellingShingle |
ADJUSTMENT LENDING STRUCTURAL ADJUSTMENT PROGRAMS GOVERNMENT OWNERSHIP TRANCHING PROJECT DESIGN REFORM IMPLEMENTATION TAX POLICY PUBLIC EXPENDITURES BENEFICIARY PARTICIPATION GOVERNMENT COMMITMENTS POLITICAL ENVIRONMENT ADJUSTMENT OPERATIONS POVERTY REDUCTION RENT-SEEKING PERFORMANCE INDICATORS ADJUSTMENT ADJUSTMENT LENDING ADJUSTMENT OPERATIONS ADJUSTMENT PROGRAMS AGRICULTURE BANKING SECTOR BENCHMARKS BORROWER BORROWING CIVIL SERVICE COMMITMENT CONDITIONALITY COUNTRY ASSISTANCE CREDITS DEVELOPMENT ECONOMICS ECO EVASION EXPORTS FINANCIAL INSTITUTIONS FINANCIAL SECTOR FLOATING TRANCHE LENDING OPERATIONS LENDING PROGRAMS LOAN MACROECONOMIC STABILITY PRIVATIZATION PUBLIC SECTOR PUBLIC SPENDING REFORM PROGRAMS REGULATORY FRAMEWORK RENT SEEKING SOCIAL SERVICES STATE BANKS STATE ENTERPRISES STRUCTURAL ADJUSTMENT TASK MANAGERS TAX TRANCHE TRANCHING TRANSPARENCY TRANSPORT Pape, Elizabeth Looking for More from Adjustment : Africa's Experience |
| geographic_facet |
Africa |
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PREM Notes; No. 22 |
| description |
By the mid-1990s, after more than 15
years of adjustment lending, it had become clear that
adjustment programs in Africa had not accelerated growth or
reduced poverty, except in a handful of countries. The main
reasons? Recipient governments did not "own" the
reform programs, and they perceived the conditionality
attached to the programs as being imposed on them.
Adjustment programs were often unresponsive to country
conditions and changes in external circumstances. In most
cases the World Bank and recipient governments did not have
a shared vision of what adjustment programs were supposed to
achieve. In response to this diagnosis, in 1995 the
Bank's Africa Region introduced the Higher Impact
Adjustment Lending (HIAL) initiative. The initiative aimed
to achieve a quicker, stronger, broader, and longer supply
response from structural adjustment programs by: 1)
increasing country selectivity and strengthening government
ownership; 2) allowing more flexibility in adjustment
operations--in particular, introducing new tranching
mechanisms; and 3) introducing performance indicators to
define expected results and assess actual outcomes. This
note describes how the approach and design of these
operations were adapted to achieve higher impact. |
| format |
Publications & Research :: Brief |
| author |
Pape, Elizabeth |
| author_facet |
Pape, Elizabeth |
| author_sort |
Pape, Elizabeth |
| title |
Looking for More from Adjustment : Africa's Experience |
| title_short |
Looking for More from Adjustment : Africa's Experience |
| title_full |
Looking for More from Adjustment : Africa's Experience |
| title_fullStr |
Looking for More from Adjustment : Africa's Experience |
| title_full_unstemmed |
Looking for More from Adjustment : Africa's Experience |
| title_sort |
looking for more from adjustment : africa's experience |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/1999/05/1047351/looking-more-adjustment-africas-experience http://hdl.handle.net/10986/11482 |
| _version_ |
1764416894354325504 |