During the 1980s, the International Monetary Fund (IMF) and the World Bank earned themselves the highly justified but less than enviable reputation of being responsible for very unpopular measures ...
It is now mandatory to offer a critique of the structural adjustment programme, SAP. Such a critique, I believe, is not incompatible with the highest of patriotic duties. Indeed, such a critique can ...
In the aftermath of the Covid-19 pandemic, there was talk of moving away from the previously held austerity consensus – to basically narrow current account, and fiscal deficits, and in turn, to manage ...
In the decade that followed its 2001 accession to the World Trade Organization, China underwent a comprehensive structural adjustment, the costs of which, while significant, were far outweighed by the ...
While Pakistan has been following structural adjustment policies under IMF programmes quite frequently since around the last four decades, economic outcomes have been less than satisfactory, to say ...
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