Understanding the Inefficacy of Structural Adjustment Programs in Latin America
(2010) EKHR11 20101Department of Economic History
- Abstract
- This paper examines in the context of their history and their impetus the
implementation of structural adjustment programs in Peru, Argentina and Bolivia. The
failure of the SAPs to meet their desired result is determined to be an extension of
insufficient social welfare institutions, which were not initially considered to be important
for a smooth transition towards market oriented reforms and sustained economic growth.
Furthermore, the policy instruments utilized under the SAPs reduced the ability of the states
to provide adequate social insurance and safety nets as government budgets were cut
drastically and the role of the state receded from the market.
Please use this url to cite or link to this publication:
http://lup.lub.lu.se/student-papers/record/1641931
- author
- Mccutchan, Andrew LU
- supervisor
- organization
- course
- EKHR11 20101
- year
- 2010
- type
- H1 - Master's Degree (One Year)
- subject
- keywords
- neoliberalism, World Bank , Structural Adjustment Programs, International Monetary Fund, Latin America
- language
- English
- id
- 1641931
- date added to LUP
- 2010-08-27 11:51:37
- date last changed
- 2010-08-27 11:51:37
@misc{1641931, abstract = {{This paper examines in the context of their history and their impetus the implementation of structural adjustment programs in Peru, Argentina and Bolivia. The failure of the SAPs to meet their desired result is determined to be an extension of insufficient social welfare institutions, which were not initially considered to be important for a smooth transition towards market oriented reforms and sustained economic growth. Furthermore, the policy instruments utilized under the SAPs reduced the ability of the states to provide adequate social insurance and safety nets as government budgets were cut drastically and the role of the state receded from the market.}}, author = {{Mccutchan, Andrew}}, language = {{eng}}, note = {{Student Paper}}, title = {{Understanding the Inefficacy of Structural Adjustment Programs in Latin America}}, year = {{2010}}, }