Your Money or Your Life!
11 Structural Adjustment Programmes 'FLEXIBILITY' It is noteworthy that the same single word appears indiscriminately in economi ...
STRUCTURAL ADJUSTMENT PROGRAMMES/135 One major paradox is that the IMF and World Bank have continued to grow in strength and sta ...
136/YOUR MONEY OR YOUR LIFE! of these programmes is export revenue. A high percentage of these export earnings soon find their w ...
STRUCTURAL ADJUSTMENT PROGRAMMES/137 The international financial institutions refinanced old debts, and this became a method for ...
138/YOUR MONEY OR YOUR LIFE! This process often unfolds in a framework known as the 'IMF's secret programme'. The IMF lays down ...
STRUCTURAL ADJUSTMENT PROGRAMMES/139 and the environment are all drawn up under the watchful eye of the World Bank. The Bretton ...
12 The Two Phases of Structural Adjustment It can be argued that structural adjustment is divided into two distinct phases. 'Sho ...
THE TWO PHASES OF STRUCTURAL ADJUSTMENT/141 In the run-up to these devaluations, the wealthy classes are given enough time to co ...
142/YOUR MONEY OR YOUR LIFE! As for spending on social programmes, the international financial institutions have made a principl ...
THE TWO PHASES OF STRUCTURAL ADJUSTMENT/143 devaluation, liberalisation measures boost the local price of imported inputs (ferti ...
144/YOUR MONEY OR YOUR LIFE! living adjustment clauses from collective agreements and eliminating minimum-wage laws. Let us not ...
THE TWO PHASES OF STRUCTURAL ADJUSTMENT/145 classes - and even for the middle classes - means a plunge In consumption. Short-ter ...
146/YOUR MONEY OR YOUR LIFE! small producers, as well as workers and vendors In the Informal sector, Is part of World Bank polic ...
THE TWO PHASES OF STRUCTURAL ADJUSTMENT/147 labour mobility and therefore cause unemployment (Lenain, 1993; Decornoy, 1995; Vali ...
148/YOUR MONEY OR YOUR LIFE! (World Bank, 1995). Nevertheless, the Bank Is generous enough to tolerate the existence of unions: ...
THE TWO PHASES OF STRUCTURAL ADJUSTMENT/149 conditions. Good governance is one such condition. Although the implementation of SA ...
150/YOUR MONEY OR YOUR LIFE! The conformity of the governed results from a process compleĀ mentary to that of the Instrumental e ...
THE TWO PHASES OF STRUCTURAL ADJUSTMENT/151 country samples in Latin America and Africa, it can be observed that the political c ...
152/YOUR MONEY OR YOUR LIFE! The Easiest to Impose A restrictive monetary policy, of severe cuts in public investment and operat ...
THE TWO PHASES OF STRUCTURAL ADJUSTMENT/153 Nevertheless, in many cases governments manage to carry out restructuring programmes ...
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