IMF & World Bank Programs Claim Human Lives: Research

© AP Photo / Andrew HarnikThe logo of the International Monetary Fund is visible on their building, Monday, April 5, 2021, in Washington. The International Monetary Fund is downgrading its forecast for the world economy this year, Tuesday, Jan. 25, 2022
The logo of the International Monetary Fund is visible on their building, Monday, April 5, 2021, in Washington. The International Monetary Fund is downgrading its forecast for the world economy this year, Tuesday, Jan. 25, 2022 - Sputnik Africa, 1920, 01.04.2026
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IMF & World Bank Programs Claim Human Lives: Research

Structural adjustment programs (SAPs) of the 1980s–1990s inflicted widespread, measurable harm on human welfare across Asia, Africa, and Latin America, according to a paper published in the medical journal BMJ Global Health.

The paper listed the following implications of SAPs:

🟠Declining real wages and working-class consumption;

🟠Increased rates of poverty and basic-needs deprivation;

🟠Increased neonatal and maternal mortality;

🟠Reduced health system access;

🟠Increased financial outflows and drain from the global South through unequal exchange.


"Kenya suffered 305,000 excess infant deaths between 1986 and 2010, compared with the pre-SAP mortality trend," the paper noted as an example.


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