Economics: Development Planning and Project Evaluation.
It is not unusual to suggest that Third World countries possess a need for financial assistance. Two examples of programs that the IMF and the World Bank implement in these situations are stabilization and structural adjustment programs. But this doesn't mean that such countries always benefit from this relationship. M. Chossudovsky's book The Globalization of Poverty examines the negative aspects of this relationship. This paper will define what stabilization and structural adjustment programs are and it will critically evaluate Chossudovsky's view of the structural adjustment program. 6 pgs. 3 f/c. 1b.
