Since 1987 the Bank's operational guidelines have required President's Reports supporting structural adjustment loans (SALs) to pay particular attention to an analysis of the short term impact of the adjustment program on the poor and to measures proposed to alleviate negative effects. The...

There are three main approaches to analyzing the effects of aid money and aid-supported reform: before-and-after comparison; control group (simple and modified) studies; and modeling. All three approaches have been used to carry out macroeconomic analysis of policy reform. But before-and-after...