1. Structural adjustmen programs
Structural Adjustment Programs 1.What factors can explain the widespread application of SAP throughout the developing world? ... 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. ... Structural adjustment has tied the physical resources more firmly into servicing the "old" segment of the global economy. ... 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