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... > contexts > population characteristics > socioeconomic factors > poverty > poverty relief initiatives > adjustment programs

Preferred term

adjustment programs  

Definition

  • 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]

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https://concepts.sagepub.com/social-science/concept/adjustment_programs

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