Evaluating the World Bank's role in supporting structural adjustment in developing countries with special reference to Egypt

Amal Nagah Elbeshbishi, Fordham University

Abstract

This discussion focuses on the effect that World Bank adjustment loans have on a variety of economic indicators. The study is applied to five MENA countries (Egypt, Jordan, Algeria, Morocco, and Tunisia). ^ The findings of the current study support the theory of a positive impact of World Bank adjustment loans on GDP, GNP per capita, exports growth rates, Gross Domestic Savings, Current Account Balance and a negative influence on investment indicators whether domestic or foreign. One of the innovations of this study is the use of the value of World Bank's adjustment loans instead of the use of dummy as the existing literature have done. ^ Additionally, the dissertation includes a literature review, as well as policy recommendations. More specifically for Egypt we can conclude that it is necessary to promote non-oil exports, make the private sector more efficient and reduce poverty through faster growth. ^

Subject Area

Economics, General

Recommended Citation

Amal Nagah Elbeshbishi, "Evaluating the World Bank's role in supporting structural adjustment in developing countries with special reference to Egypt" (January 1, 2000). ETD Collection for Fordham University. Paper AAI9955961.
http://fordham.bepress.com/dissertations/AAI9955961

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