'Structural adjustment' has been a central part of the development strategy for the 'third world'. Loans made by the World Bank and the IMF have been conditional on developing countries pursuing rapid economic liberalization programmes as it was believed this would strengthen their economies in the long run. M. Rodwan Abouharb and David Cingranelli argue that, conversely, structural adjustment agreements usually cause increased hardship for the poor,...
Related Subjects
Business Business & Investing Civil Rights & Liberties Constitutional Law Development & Growth Economics Human Rights Organizational Change Political Science Politics & Government Politics & Social Sciences Popular Economics Processes & Infrastructure Specific Topics Structural Adjustment