Structural adjustment Programs and their effects on global migration.

The first 200 words of this essay...

Michael Chu

Debating Globalization

Professor Grace Chang

12 December 2011

Topic #2

Structural adjustment Programs, also known as SAPs, are like financial aid programs that are issued by the International Monetary Fund (IMF) or World Bank (WB) which are intended to put developing countries on the same level of playing field with the global economy so that they could repay their loans. The system is supposed to raise the overall standard of living for the people in these third world countries and help the economy develop. Initially it may appear as if this system promising and may benefit developing countries, evidence shows that SAPs have actually worsen the very problems that it was planned to solve. The SAPs primarily benefits first world countries with cheap labor and opens up the third world countries to exploitation. Likewise, the purpose of welfare reforms is to help the people who are jobless or are not financially stable. Primarily it may seem like welfare reforms assures to decrease poverty but instead it increases poverty levels.

In an article called On the Beach, Enloe writes "[countries] are usually encouraged by international advisors to develop service sectors before manufacturing