Development Strategy and the Economy of Sierra Leone

Part 1 The African crisis and the ideology of structural adjustment: the ideology of structural adjustment; the imaginary consensus. Part 2 Multilateral intervention in Sierra Leone: chronology of multilateral intervention; the World Bank on Sierra Leone; the change in World Bank views. Part 3 The decline of an economy: economic performance over three decades; external shocks; an economy in crisis. Part 4 Rural and urban incomes: the trend in rural and urban incomes; implications for structural adjustment. Part 5 Rural income distribution: land use and availability; rural inequality; food prices and overall inequality. Part 6 Performance of agriculture: agricultural adjustments; production and availability of rice; performance of major export crops; conclusions on agriculture. Part 7 Aspects of macroeconomic adjustment: the balance of payments; role of the exchange rate; the fiscal deficit. Part 8 Mismanagement or maladjustment?: the fund mismanages the exchange rate; devaluation-led chaos; empirically testing and stories; macroeconomic mismanagement.; alternative adjustment.