Concept information
Preferred term
adjustment programs
Definition(s)
- STRUCTURAL ADJUSTMENT Programs (SAPs) are fiscal, monetary, and trade policies designed by the World Bank and the International Monetary Fund (IMF) for economically distressed and debt-ridden developing countries. Adjustment programs have become a standard economic recipe for developing countries that are burdened with a huge external debt, slow economic growth, balance of payments disequilibria, inflation, and budget deficits. [Source: Encyclopedia of World Poverty; Adjustment Programs]
Broader concept(s)
Belongs to group
URI
http://data.loterre.fr/ark:/67375/N9J-HS4FQX0B-5
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