Download or read book Adjustment Programs and Bank Support written by Vittorio Corbo and published by World Bank Publications. This book was released on 1991 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Adjustment should begin with policy and institutional reforms to deal with the ultimate causes of any macroeconomic crisis a country is experiencing. Only when progress has been made in reducing inflation and fiscal and balance of payment deficits should other structural reforms begin - of the public sector, trade and competition, the financial sector, and the labor market.