Author : John R. Nellis
Publisher : World Bank Publications
Page : 34 pages
File Size : 14,31 MB
Release : 1989
Category : Corporations, Government
ISBN :
Specific divestiture dates and institutional public enterprise reform should probably not be a matter of hard conditionality for sectoral adjustment lending. One alternative is to establish institutional development projects that parallel adjustment operations. Another is to establish "primary conditions, " nonfulfillment of which would bring an operation to a halt, and "secondary conditions, " (including most institutional and public enterprise reforms), nonfulfillment of which would evoke sanctions but not end operations.