Structural adjustment policies in Africa
In: International social science journal: ISSJ, Heft 162
ISSN: 0020-8701
Notes that the structural adjustment programme (SAP) which the Bretton Woods institutions have obliged developing countries, particularly the heavily indebted ones among them, to adopt as a condition for debt relief has provoked controversy. Considers proposals designed to reorient SAP into a human-centred strategy for promoting trade and investment, productive employment, poverty eradication and the enhancement of social integration and democracy. While welcoming these proposals and a paradigm shift currently taking place in the World Bank, argues that this will not be the first time such movement has happened without leading to any significant change on the ground. (Original abstract - amended)