Structural Adjustment Programmes: Official Aims vs Actual Experience

by Ac. Krtashivananda.

The Structural Adjustment Programme(SAP) do vary from country to country, but the main policies demanded by IMF; WB and WTO are the same.An attempt has been made to find out why SAP do not work well, and contrary to official claims.















It has been found out that most of the private industries are financed by the govt. financing agencies. More emphasis are given on capital intensive mega industries  and ignores small and medium scale labour intensive industries. This creates imbalance in economic growth. After the formation of WTO treaty in 1994, the world income distribution shows:

20% richest people enjoys 85% of the world income and 20% poorest people share 1.5% of the world income.

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