Abstract
ABSTRACT This paper presents the results of an examination of the empirical validity of the supposed link between democratization and economic reform in sub-Saharan Africa. Two statistical approaches are used. The first approach is a before-after analysis of ongoing structural adjustment. The second is a modified control group technique that attempts to determine whether post-democratization three-year (IMF) facilities have been more effective than similar pre-democratization facilities. The investigation found that though democratic governements have been, broadly, more successful at eliciting export, agricultural output and savings (but not investment) responses, they were weaker at controling inflation and the buildup of external debt.
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