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http://ssrn.com/abstract=2056391
 
 

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The Impacts of the World Bank and IMF Structural Adjustment Programmes on Africa: The Case Study of Cote D'Ivoire, Senegal, Uganda, and Zimbabwe


Christina Kingston


affiliation not provided to SSRN

Godspower Jackson Irikana


Rivers State University of Education

Victory Uchechukwu Dienye


University of Port Harcourt - Department of Educational Foundations

Kato Gogo Kingston


University of East London - School of Law

2011

Sacha Journal of Policy and Strategic Studies, Vol. 1, No. 2, pp. 110-130, 2011

Abstract:     
The impact of the policies advocated by the World Bank and the International Monetary Fund (IMF) in Africa are under increased scrutiny. African scholars and international NGOs concerned with Africa’s development have asked whether the policies imposed by the World Bank and IMF in Africa have actually helped or hindered the objective of increasing living standards for the majority of Africans. The international call for cancellation of Third World debt has grown steadily over the past few years, highlighting the question of whether IMF policies have contributed to increasing the external debt burden of African countries. Critics of the World Bank and IMF have argued that policies implemented by African Countries, intended to control inflation and generate foreign exchange to help pay off the IMF debts, often result in increased unemployment, poverty and economic polarization thereby impeding sustainable development. The paper commenced by examining the concepts of ‘development’ and ‘underdevelopment.’ It then outlined the legal basis of ‘right to development as human right’ and how those rights have been violated by the policies of the International Monetary Fund and the World Bank in Africa backed by evidence of the performance of African countries with Enhanced Structural Adjustment Facility (ESAF) programmes over the period of structural adjustment, looking at such indicators as economic growth, healthcare, education spending, and external indebtedness with particular case study of the impact of structural adjustment policies in four countries - Cote d'Ivoire, Senegal, Uganda, and Zimbabwe.

Number of Pages in PDF File: 21

Keywords: World Bank, IMF, SAP, Africa, Development

JEL Classification: E22, E23, F33, F34, F35

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Date posted: May 11, 2012 ; Last revised: June 3, 2012

Suggested Citation

Kingston, Christina and Irikana, Godspower Jackson and Dienye, Victory Uchechukwu and Kingston, Kato Gogo, The Impacts of the World Bank and IMF Structural Adjustment Programmes on Africa: The Case Study of Cote D'Ivoire, Senegal, Uganda, and Zimbabwe (2011). Sacha Journal of Policy and Strategic Studies, Vol. 1, No. 2, pp. 110-130, 2011 . Available at SSRN: http://ssrn.com/abstract=2056391

Contact Information

Christina Kingston
affiliation not provided to SSRN ( email )
Godspower Jackson Irikana
Rivers State University of Education ( email )
Port Harcourt, Rivers State
Nigeria
Victory Uchechukwu Dienye
University of Port Harcourt - Department of Educational Foundations ( email )
P.M.B 5323, Choba
Port Harcourt
Nigeria
Kato Gogo Kingston (Contact Author)
University of East London - School of Law ( email )
United Kingdom
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