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Structural Adjustment Era (jan 1, 1970 – jan 1, 1985)

Description:

Time in which the IMF and World Bank offered SAP (Structural Adjustment Program) loans to "developing" countries defaulting on their loans to commercial banks in developed nations. SAP loans came with neoliberal conditionalities such as privatization, free market economics, open trade, and reduced subsidies and spending on social services.

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History of economic theory

ByCaitlin
12 Jan 2019
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Date:

jan 1, 1970
jan 1, 1985
~ 15 years
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