Strucural adjustment and ideology Essay Example | Topics and Well Written Essays - 500 words

Strucural change and ideology - Essay Examplethe IMF affect small countries needing assistance, and the addition of the Structural Adjustments furthers the affect that certain policies harbor on them. The Structural Adjustments will be closely looked at by viewing a region that has needed to secure funds from the IMF.When the IMF and the World Bank began to implement Structural Adjustments, the goal was simple. The goal is to lower the fiscal imbalance while also decreasing the countries overall poverty rate. What the IMF does to decrease imbalance in the shortest possible time frame is to implement a free market arrangement. This free market system is believed to have a positive effect on the countries financial outlook. The IMF however does not take account the negative aspects that surround a free market system.(Danaher, 65) While there have been some changes, the study tenants are the same.Afghanistan, a country that is embroiled in war is also a country that the IMF has back up as of December 2011. The policy is that if certain criteria are followed, Afghanistan will be out from all out-of-door debt in six years. Not only do the initial requirements to gain funding difficult to achieve, the broad(a) program has fundamental changed how Afghanistan views money, most of it now negatively. When Afghanistan first requested to be in the program, their debt to export proportionality had to exceed 200% and/or their debt to government revenues had to exceed 280%. These figures arguably are arbitrary and therefore suppressive for the requesting nation. In addition on of the major tenants of the IMF is that a free market, without much governmental oversight be created. This upset the people of Afghanistan, as previously all of their industry was controlled by internal forces, versus external corporations and separate countries. Another requirement of the IMF is that most state owned resources, utilities and industries become privatized. In Afghanistan t his caused many issues as there is a tradition of state owned