By Ishrat Husain, Rashid Faruquee
The booklet offers case reports of Burundi, Cote d'Ivoire, Ghana, Kenya, Nigeria, Senegal and Tanzania - all selected for the big variety of stipulations current prior to their person adjustment programmes started. The stories ascertain that each time adjustment programmes are vigorously pursued, effects are strongly optimistic from the viewpoints of progress and relief of poverty. A key point in making sure a profitable adjustment programme is robust motivation and dedication by way of the management of every state. Too many abrupt, unpredictable and common adjustments and reversals of guidelines erode the credibility of the programmes, accentuate the uncertainties, and decelerate investor self assurance. in brief, the luck of reforms hinges on coverage balance, continuity and predictability.
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Extra resources for Adjustment in Africa: lessons from country case studies
This research was initiated to supplement the main study, which is more aggregated and covers a cross-section of twenty-nine countries. The motivation behind the research was to capture the diversity of experiences in implementing reforms. The period covered by these case studies ends, for most countries, in 1991. Since these studies were completed, there have been significant developments in each of the case study countries. A large devaluation of the CFA franc took place in January 1994, removing one of the principal obstacles to the full interplay of policy instruments required for adjustment in the CFA zone countries.
Page 11 2 Burundi: learning the lessons Pierre Englebert and Richard Hoffman Burundi's development problems run deep. The country has a large and undiversified subsistence sector with a fast-growing population and weak institutional structures and capacities. Burundi also suffers from relatively inflexible and oligopolistic markets, and from a public sector that controls the majority of productive enterprises. Not only is agriculture's contribution to GDP superior to that of industry and services, but it depends highly on a single crop, coffee.
The strained political climate also manifested itself in the poor use of technical assistance resources by the government. In some cases, experts were either not qualified or simply not used effectively. 1 Adjustment and popular participation in Burkina Faso and Burundi It took the government of Burkina Faso two years to decide to adopt a structural adjustment policy. Once it did, it took more than two years to finalize a program. One of the reasons for such protracted negotiations was the government's desire to have complete control over its adjustment policies, to assess their full impact, and to ensure the support of the population.