Why do critics refer to structural adjustment as "shock therapy?
A) Because of the sudden bottom-up nature of coups
B) Because the IMF severely reduces social supports to supposedly develop a free market in poor countries
C) Because of the role that electricity plays in developing poor nations
D) All of the above

Question

Quizplus · Accepted Answer

Critics refer to structural adjustment as "shock therapy" because the IMF imposes strict economic policies that often lead to severe reduction of social supports and public services, causing a sudden shock to the economy and society of the recipient country.

Why Do Critics Refer to Structural Adjustment as "Shock Therapy