Structural Adjustment Programs (SAPs) are those economic programs which are implemented by the International Monetary Fund (IMF) and World Bank with an aim of improving the economic status of developing countries. This programs were started in the 1980s and loans which were based on the conditions that the borrowers have to abide to. These loans which are offered by the World Bank to the developing countries are referred to as Structural Adjustment Loans. They are called Structural Adjustment Loans because they are meant to adjust the structural development of these developing countries. The loans are meant to remove the ...
Essays on Saps
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