What process undid many of the gains made in the provision of social policy following decolonization?
A) The creation of the IMF and World Bank
B) Structural adjustment
C) The increasing role of NGOs in the global south
D) Infrastructure loans
E) Population growth

Question

Quizplus · Accepted Answer

Structural adjustment programs, often mandated by the International Monetary Fund (IMF) and the World Bank as conditions for loans or aid, required countries to implement policies such as cutting public spending, privatizing state-owned enterprises, and deregulating markets. These measures frequently led to reduced government spending on social services, undermining the social policy gains made following decolonization.

What Process Undid Many of the Gains Made in the Provision