Edited by Said El-Naggar, this book contains six papers presented at a seminar held in Abu Dhabi, United Arab Emirates, under the sponsorship of the Arab Monetary Fund and the IMF. The papers address the issues of adjustment and development in the Arab World, including the role of the IMF and...

This is the first of a group of papers dealing with various aspects of Fund-supported adjustment programs. The other two, The Global Effects of Fund-supported Adjustment Programs by Morris Goldstein and Fund-Supported Programs, Fiscal Policy, and Income Distribution by the Fiscal Affairs...