Structural Adjustment Program: Nadim Prince
Structural Adjustment Program: Nadim Prince
Structural Adjustment Program: Nadim Prince
ADJUSTMENT
PROGRAM
NADIM 24021
PRINCE 24019
STRUCTURAL • Policies implemented by
ADJUSTMENT the International
Monetary Fund (IMF)
and the World Bank.
• Created with the goal of
reducing the borrowing
country’s fiscal
imbalances.
• SAPs are supposed to
allow the economies of
the developing countries
to become more market
oriented.
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CONDITIONS • CUTTING
EXPENDITURE
• DEVALUATION OF
CURRENCIES
• TRADE
LIBERALIZATION,
OR LIFTING IMPORT
AND EXPORT
RESTRICTON
• PRIVATISATION
• ENHANCING RIGHT
OF FOREIGN
INVESTORS
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HISTORY
1) PRIVATIZATION
2) AGRICULTURE
3) ENVIRONMENT
4) GENDERED DIFFERENCES
PRIVATISATION
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AGRICULTURE
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ENVIRONMENT
LOCAL ENVIRONMENTS
C A N E A S I LY B E C O M E
C A S U A LT I E S O F P R O -
TRADE POLICIES.
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GENDERED EFFECTS
P O V E R T Y I S A G E N D E R E D I S S U E . T H AT I S ,
V A R I O U S D I F F E R E N C E S I N C I R C U M S TA N C E S
BETWEEN MALES AND FEMALES CAUSE
V A R I A N C E S I N T H E W AY P O V E R T Y A F F E C T S
E A C H . W I T H T H AT S A I D , S T R U C T U R A L
A D J U S T M E N T P R O G R A M S FA I L TO A D D R E S S
POVERTY AS A GENDERED ISSUE.[
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IMF SAPS’ VERSUS WORLD BANK SAPS’
While both the International Monetary Fund (IMF) and World Bank loan to
depressed and developing countries, their loans are intended to address different
problems.
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IMF SAPS’
IMF LOANS FOCUS ON TEMPORARILY
FIXING PROBLEMS THAT COUNTRIES FACE
AS A WHOLE. TRADITIONALLY IMF LOANS
WERE MEANT TO BE REPAID IN A SHORT
DURATION BETWEEN 2½ AND 4 YEARS.
TODAY, THERE ARE A FEW LONGER TERM
OPTIONS AVAILABLE, WHICH GO UP TO 7
YEARS. AS WELL AS OPTIONS THAT LEND
TO COUNTRIES IN TIMES OF CRISES SUCH
AS NATURAL DISASTERS OR CONFLICTS.
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WORLD BANK SAPS’
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DONOR
COUNTRIES
The IMF is supported solely by its
member states, while the World Bank
funds its loans with a mix of member
contributions and corporate bonds.
Currently there are 185 Members of the
IMF (As Of February 2007) and 184
members of the World Bank
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Thank you
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