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- Structural_adjustment abstract "Structural adjustments are the policies implemented by the International Monetary Fund (IMF) and the World Bank (the Bretton Woods Institutions) in developing countries. These policy changes are conditions for receiving new loans from the IMF or World Bank or for obtaining lower interest rates on existing loans. Conditions are implemented to ensure that the money lent will be spent in accordance with the overall goals of the loan. Structural Adjustment Programs (SAPs) are created with the goal of reducing the borrowing country's fiscal imbalances. The bank from which a borrowing country receives its loan depends upon the type of necessity. SAPs are supposed to allow the economies of the developing countries to become more market oriented. This then forces them to concentrate more on trade and production so it can boost their economy.Through conditions, SAPs generally implement "free market" programs and policy. These programs include internal changes (notably privatization and deregulation) as well as external ones, especially the reduction of trade barriers. Countries that fail to enact these programs may be subject to severe fiscal discipline. Critics argue that the financial threats to poor countries amount to blackmail, and that poor nations have no choice but to comply.Since the late 1990s, some proponents of structural adjustment, such as the World Bank, have spoken of "poverty reduction" as a goal. SAPs were often criticized for implementing generic free-market policy and for their lack of involvement from the borrowing country. To increase the borrowing country's involvement, developing countries are now encouraged to draw up Poverty Reduction Strategy Papers (PRSPs), which essentially take the place of SAPs. Some believe that the increase of the local government's participation in creating the policy will lead to greater ownership of the loan programs and thus better fiscal policy. The content of PRSPs has turned out to be similar to the original content of bank-authored SAPs. Critics argue that the similarities show that the banks and the countries that fund them are still overly involved in the policy-making process.".
- Structural_adjustment wikiPageExternalLink conditio.htm.
- Structural_adjustment wikiPageID "1374927".
- Structural_adjustment wikiPageRevisionID "599285073".
- Structural_adjustment hasPhotoCollection Structural_adjustment.
- Structural_adjustment subject Category:Development_economics.
- Structural_adjustment subject Category:Economic_development.
- Structural_adjustment subject Category:International_Monetary_Fund.
- Structural_adjustment subject Category:International_development.
- Structural_adjustment subject Category:World_Bank.
- Structural_adjustment comment "Structural adjustments are the policies implemented by the International Monetary Fund (IMF) and the World Bank (the Bretton Woods Institutions) in developing countries. These policy changes are conditions for receiving new loans from the IMF or World Bank or for obtaining lower interest rates on existing loans. Conditions are implemented to ensure that the money lent will be spent in accordance with the overall goals of the loan.".
- Structural_adjustment label "Aggiustamento strutturale".
- Structural_adjustment label "Ajuste estructural".
- Structural_adjustment label "Ajustement structurel".
- Structural_adjustment label "Program stabilizacyjny".
- Structural_adjustment label "Structural adjustment".
- Structural_adjustment label "Strukturanpassungsprogramm".
- Structural_adjustment sameAs Strukturanpassungsprogramm.
- Structural_adjustment sameAs Ajuste_estructural.
- Structural_adjustment sameAs Ajustement_structurel.
- Structural_adjustment sameAs Aggiustamento_strutturale.
- Structural_adjustment sameAs Program_stabilizacyjny.
- Structural_adjustment sameAs m.04xqr1.
- Structural_adjustment sameAs Q2141807.
- Structural_adjustment sameAs Q2141807.
- Structural_adjustment wasDerivedFrom Structural_adjustment?oldid=599285073.
- Structural_adjustment isPrimaryTopicOf Structural_adjustment.