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Adjusting Structural adjustment : the role of the Structural adjustment Program in Africa's Development Tabisa Walwema April 1, 2013. Professor Francis Ssekandi Major Writing Requirement Tabisa Walwema Structural adjustment Programs in Africa Introduction In 1980, the President of the World Bank, Robert McNamara sought and received approval from the World Bank Board to launch a new instrument: the Structural adjustment loan. 1 In his mind, the World Bank would use its loans to provide finance to borrower-countries over a limited amount of years. In return for the finance program, the borrower-country would implement specified trade reforms and price incentives for resource allocation all in an effort to achieve the goals of the World Bank and IMF.
Adjusting Structural Adjustment: The Role of the Structural Adjustment Program in Africa’s Development Tabisa Walwema April 1, 2013 Professor Francis Ssekandi
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