Acknowledgements Preface Introduction 1. Macroeconomics of Africa 2. Macroeconomic Consistency and Adjustment Policies 3. Financial Programming and Stabilization 4. Growth Programming and Adjustment 5. Growth Oriented Adjustment - An IMF/World Bank Synthesis? 6. Alternative Approaches 7. Conclusions Bibliography Index

This book examines the relevance of macroeconomic theory and models behind recommendations for stabilization and structural adjustment on the basis of a review of developments in sub-Saharan Africa during the 1980s.