EDRD 4010 Chapter Notes - Chapter 4: African Development Bank, Maternal Death, Structural Adjustment

• School: University of Guelph
• Department: Environmental Design and Rural Development
• Course: EDRD 4010
• Professor: Marianne Staempfli

Document Summary

The african development bank and women"s health loans known as structural adjustments loans, they were designed to solve the. The debt crisis of the 80s was highlighted by the inability of poor nations to generate enough revenue to pay off their foreign debts. They involve devaluing currency, reducing government spending, liberal trade and making government assets private. The idea here is to stimulate economic growth and generate currency for debt repaying by increasing revenues and cutting expenses. However, it has been associated with increased health issues such as higher levels of child mortality and maternal mortality. The african bank has surpassed the wb as lender to nations in debt, and implementing this since the 80s, they train staff in how to implement and monitor compliance with these loans. The point of this article is to address literature gaps. Unlike today, early membership was only open to african nations.