The IMF Structural Adjustment Program for Zambia’s Agricultural Sector
Author(s)
Sandberg, Eve
Abstract
This case study describes the intended and unintended consequences of an International Monetary Fund (IMF) structural adjustment program (SAP) in the agricultural sector of one African country, the United Republic of Zambia. On October 5, 1985, Zambian policymakers began implementing a high conditionality IMF SAP. When this program did not provide the expected benefits, the resulting public outcry against the SAP forced Zambian policymakers to alter the SAP policies in April 1986. Finally, in May 1987, after food riots and demonstrations throughout the country, Zambian officials cancelled the IMF program.
