Structural Adjustment

(redirected from Structural adjustment programs)

Structural Adjustment

A government program in a developing country making changes to economic or monetary policies in order to better facilitate growth. For example, a structural adjustment loan may include a stipulation that the borrowing country relax any protectionist subsidies or impose higher taxes to balance the budget. Structural adjustments are necessary in some cases before the IMF or the World Bank will make loans to finance further development. See also: Structural Adjustment Facility.
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References in periodicals archive ?
One can get an idea about the thrust of the paper (The world system and hollowing out of state capacity: how structural adjustment programs affect bureaucratic quality in developing countries)from its abstract:Scrutinising policy reforms mandated by the International Monetary Fund (IMF), the authors argue that 'structural conditions' exert deleterious effects on bureaucratic quality by increasing the risk of bureaucrats falling prey to special interests and narrowing potential policy instruments available to them.
And as suggestions go, structural adjustment programs (SAPs) seem the only way out in the long run for Pakistan's economy.
These NGO representatives were quite blunt in criticizing the harsh social and anti-people impact of IMF-World Bank policy conditionalities under the traditional neo-liberal 'structural adjustment programs' (SAP).
For instance, structural adjustment programs (SAPs) consisting of loans provided by the World Bank and International Monetary Fund during the 1980s failed to uplift the countries they were supposed to help.
She also exposes the grim logic linking scorched-earth counterinsurgency campaigns, structural adjustment programs, the rise of Pentecostalism, a growth in advertising and consumer culture, the crisis of Guatemala's prisons, youths' transnational imaginaries, and new authoritarian political actors--the criminals in power who, as one of Levenson's informants points out, do not have tattoos but contribute more to crime and social misery in Guatemala than the mareros ever could.
Told by a journalist from Ghana that many people there had "a phobia for the IMF" due to the harsh conditions of its past structural adjustment programs in Africa and South America, Lagarde responded: "Structural adjustment?
Structural Adjustment Programs in Pakistan: A Boon or Bane, Lahore School of Economics.
He cited import substitution industrialization and structural adjustment programs as among factors explaining AfricaaACAOs de-industrialization.
In relation to coffee and PNG, neoliberalization has manifested itself as the deregulation of coffee markets in the 1980s and the Structural Adjustment Programs, which restructured many coffee-producing states, including PNG, in the early 1990s (p.
The objective of structural adjustment programs majorly focus towards stabilizing the balance of payments position and thus enable a country to service its foreign debts; but this would not necessarily be the development priority of the country itself.
There are structural adjustment programs imposed by the International Monetary Fund Forcing nations to cut back on their social programs to pay the debt service, therefore depriving their own people of essential programs."
"The very same health care systems which were so efficiently dismantled and destroyed by structural adjustment programs now have to be rebuilt."

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