Structural Adjustment Programs 1.What factors can explain the widespread application of SAP throughout the developing world? 2.What were the central components of these programs and what is the evidence of their effect? ... 1.In 20 years after the first oil crisis of 1973, economic progress in much of the developing world has been very poor. ... Between 1980 and 1990, World Bank structural adjustment loans increased from seven to 187 in sixty countries. ... Though reduction of world poverty is proclaimed as a major goal, SAP policies hit poor people hardest. ...

• Word Count: 1434
• Approx Pages: 6
• Grade Level: Graduate