Reconciling Economic Reform and Sustainable Human Development: Social Consequences of Neo-Liberalism
Author(s)
Taylor, Lance; Pieper, Ute
Abstract
The Structural adjustment program (SAP), which has been prescribed by the IMF and World Bank, has sought to achieve higher output growth and rising real incomes in the developing world. However, the framers have given little attention to their social and environmental costs. This report is an in-depth review of the social effects of the SAP approach, with a briefer treatment of the environmental repercussions.