International Journal of Social Science & Economic Research
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Title:
STRUCTURAL ADJUSTMENT PROGRAMME: INDIA

Authors:
Simar Sangla

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Simar Sangla
Modern School Vasant Vihar, New Delhi

MLA 8
Sangla, Simar. "STRUCTURAL ADJUSTMENT PROGRAMME: INDIA." Int. j. of Social Science and Economic Research, vol. 8, no. 6, June 2023, pp. 1450-1457, doi.org/10.46609/IJSSER.2023.v08i06.019. Accessed June 2023.
APA 6
Sangla, S. (2023, June). STRUCTURAL ADJUSTMENT PROGRAMME: INDIA. Int. j. of Social Science and Economic Research, 8(6), 1450-1457. Retrieved from https://doi.org/10.46609/IJSSER.2023.v08i06.019
Chicago
Sangla, Simar. "STRUCTURAL ADJUSTMENT PROGRAMME: INDIA." Int. j. of Social Science and Economic Research 8, no. 6 (June 2023), 1450-1457. Accessed June, 2023. https://doi.org/10.46609/IJSSER.2023.v08i06.019.

References

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ABSTRACT:
Structural adjustment Policies (SAPs) have been implemented for many decades and have become the dominant framework for economic development in many countries, mainly in the global South in the 1980s. SAPs require countries to adopt and implement specific policies in order to receive a loan, which are the basis for a conditional lending principle. Thus, economic reforms with respect to SAPs – typically free market reforms – are sought to lead to lasting economic stability, sustainable growth, and functioning market mechanisms in accordance with the global economy in recipient countries. They are typically advocated for and provided by major international financial institutions (IFIs), such as the International Monetary Fund (IMF) and the World Bank, to low and middle-income countries.

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