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Understanding the Inefficacy of Structural Adjustment Programs in Latin America

Mccutchan, Andrew LU (2010) EKHR11 20101
Department 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.
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author
Mccutchan, Andrew LU
supervisor
organization
course
EKHR11 20101
year
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},
  keyword      = {neoliberalism,World Bank 
,Structural Adjustment Programs,International 
Monetary Fund,Latin America},
  language     = {eng},
  note         = {Student Paper},
  title        = {Understanding the Inefficacy of Structural Adjustment Programs in Latin America},
  year         = {2010},
}