Abstract
Representatives of the World Bank and the IMF offered as the ultimate defence of structural adjustment programmes that flawed as they might be, no one had produced a viable alternative in practice. At one level this defence could be seen as the structural adjustment equivalent of the famous Catch-22:1 to be viable a structural adjustment programme required funding; the main sources of funding for SSA countries were the Bank and the Fund, which had no intention of funding programmes other than of their own design; ergo, alternative adjustment policy packages invariably proved inviable.
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© 1992 John Weeks
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Weeks, J. (1992). Alternative Adjustment. In: Development Strategy and the Economy of Sierra Leone. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-11936-3_10
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DOI: https://doi.org/10.1007/978-1-349-11936-3_10
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-11938-7
Online ISBN: 978-1-349-11936-3
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