Physical Sciences and Mathematics Commons^™

The Perfect Storm: Lasting Impacts Of Structural Adjustment Programs And Pressures Of Climate Change In Latin America And Ghana, Africa, Sam Kefferstan

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This work examines the intersectionality of economic, social and environmental impacts of the International Monetary Fund’s and World Bank’s application of structural adjustment programs (SAPs) within Latin America and Ghana, Africa. Varying economic and social indicators illustrate the underperformance of SAPs in their intended mission to reduce poverty and debt in developing nations. This research argues Gross Domestic Product is an imperfect measure of improving quality of life and points towards other indicators such as increasing national debt, rising incidences of poverty, and exacerbated regional disparities to demonstrate the shortcomings of SAPs. This piece also investigates the limitations adjustment imposes …