What does SAP stand for?

Structural Adjustment Programs (SAPs) are a ploy to help developing nations get out of debt but the environmental degradation that occurs as a result is contributing to the global problem of pollution.

The program, which bore striking resemblance to the structural adjustment programs which have since been imposed on dozens of debt-ridden countries in Latin America and elsewhere, consisted of the devaluation of the boliviano; an end to export/import controls, price controls and government subsidies on consumer goods; the freezing of wages and salaries; major cutbacks in spending for education and social welfare; and an end to efforts at industrial diversification.

There are structural adjustment programs imposed by the International Monetary Fund Forcing nations to cut back on their social programs to pay the debt service, therefore depriving their own people of essential programs.

: A Comparison of Four IMF 'Success Stories' in the Middle East and North Africa," concluding that structural adjustment programs at best returned selected countries to their pre-crisis level of economic growth and development.

From the 1980s, with the extension of long-term lending and associated Structural Adjustment Programs (SAPs), the WB and IMF began to much more blatantly express the policy priorities of the US and other OECD countries.

The situation changed at the onset of the 90's due to the introduction of the Structural Adjustment Program of the World Bank and the International Monetary Fund (IMF).

Charles, whose administration recently concluded a new structural adjustment program with the International Monetary Fund (IMF), also disclosed that entertainment allowances for public officers would be cut by 50%.

Dismantling the Public Distribution System that provided food subsidies for the poor was at the core of the World Bank's Structural Adjustment Program for India.