After four years of solid macroeconomic performance, Cambodia's economy slowed dramatically in 1997-98 due to the regional economic crisis, civil violence, and political infighting.

The required change in policy begins with the overall or macroeconomic performance of the economy.

There was also a huge improvement in Ghana's gross international reserves and foreign direct investments (FDI) highlighting exceptional macroeconomic performance.

The hardening budget constraints put in place by Cardoso's administration to stabilize macroeconomic performance gave municipalities an incentive to collaborate with the central government.

Moreover, the UK's comparative macroeconomic performance has improved since the implementation of Thatcherite economic policies.

"Strong, noninflationary growth, concentrated in investment and the private sector, gives this period one of the best macroeconomic performances in recent history."

However, this excellent macroeconomic performance was not accompanied by an equitable distribution of wealth.

An OECD report in December 1990 said: "The macroeconomic performance of the Luxembourg economy continues to be impressive.

Given the government' s poor macroeconomic performance, the EU, like the IMF and the World Bank, has already frozen structural adjustment support.

Favourable macroeconomic performance has been a necessary but not sufficient condition for the significant reduction of poverty among the Indian population.