WST 103 Lecture Notes - Lecture 29: Structural Adjustment, Neoliberalism
Document Summary
Ault & sandberg, our policies, their consequences: zambian women"s lives under. What are neoliberal policies? (cid:1) (cid:1) (cid:1) (cid:1) Economic neoliberalism is a theory that if a government step back and let businesses. Do their thing , the economy will improve and benefits will trickle down to everyone. What are (cid:1) (cid:1) consequences of structural adjustment programs in people"s daily lives? (cid:1) The imf is the acronym for international monetary fund and it is an international agency that involves several countries that put in money to loan to countries that have failing economies. It was created to promote a stable world economy. Structural adjustment programs are part of the loan package that third world countries must comply to in order to receive the loans. The package requires the countries to adopt western capitalist economic ideologies. The structural adjustment programs disregard for the structural, cultural, social and technological features of the borrowing country.