International Monetary Fund's Structural Adjustment Policy

Abstract: Marx recognized that in the endless search for profit, capitalists drive down the cost of labor, thus creating systematic poverty and unemployment in the midst of plenty, and setting recurrent economic crises into motion. This 9 page paper argues that the structural adjustment policies of the IMF, also known as "neoliberal policies", are beneficial to the enhancement of the market system but are not inclusive of social ramifications, especially the consequences to the poor. Bibliography lists 5 sources.

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Catagory:

Subcatagory: International Economics & Finance

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