Structural adjustment programmes

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• This research was conducted in the Department of Economics of the University of the Witwatersrand with the support of Sanlam's Fred du Plessis Award.
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• Respectively Head of Strategic Research, Sankorp Ltd, and Visiting Professor, University of the Witwatersrand; and Researcher, Department of Economics, University of the Witwatersrand. The authors gratefully acknowledge helpful comments by an anonymous referee, from which the work has benefited. The authors remain responsible for the views expressed.
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