Which of the following is NOT an effect of structural adjustment programs?
A) Lower standard of living for poor nations
B) Increased exporting of raw materials
C) Increased value of labor
D) Decreased consumption in poor countries

Question

Quizplus · Accepted Answer

Structural adjustment programs typically aim to reduce the value of labor by implementing austerity measures and promoting deregulation and privatization, in order to increase competitiveness and attract foreign investment. Therefore, an increased value of labor would not be a typical effect of these programs. On the other hand, lowering the standard of living for poor nations, increasing exporting of raw materials, and decreasing consumption in poor countries are all commonly observed effects of structural adjustment programs.

Which of the Following Is NOT an Effect of Structural